GC Gold Futures Daily Chart Analysis: 2026-Jun-23 07:04 CT

Price Action

Last: 4108.2,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -8%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jun

Intermediate-Term
MSFG Current: -69%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -102%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt Low 4108.2,
4. Pvt. Next: Pvt High 4354.8,
5. Levels R: 5545.1, 5499.0, 4952.0, 4817.7, 4627.1,
6. Levels S: 4108.2, 4046.2, 4039.1, 3491.2, 3457.0.

Daily Benchmarks

(Short-Term) 5 Day: 4307.2 Down Trend,
(Short-Term) 10 Day: 4267.2 Down Trend,
(Intermediate-Term) 20 Day: 4380.8 Down Trend,
(Intermediate-Term) 55 Day: 4549.3 Down Trend,
(Long-Term) 100 Day: 4789.9 Down Trend,
(Long-Term) 200 Day: 4541.6 Up Trend.

Additional Metrics

ATR: 241.1,
VOLMA: 182966.

Recent Trade Signals

23 Jun 2026: Short GC 08-26 @ 4136 Signals.USAR-WSFG
17 Jun 2026: Short GC 08-26 @ 4275.1 Signals.USAR.TR120
17 Jun 2026: Long GC 08-26 @ 4383.3 Signals.USAR.TR720
17 Jun 2026: Short GC 08-26 @ 4275.1 Signals.USAR-MSFG

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Bearish,
Long-Term: Bearish.

Key Insights Summary

Gold futures remain in a clear downside swing on the daily chart, with price pressing into the lower end of the current decline and trading below the weekly, monthly, and yearly session fib grids. The pivot structure is aligned to DTrend, confirming lower highs and lower lows after the June breakdown from the 4,800s area. All major benchmarks from 5-day through 100-day are sloping down, while price is also under the 20-day and 55-day bands, reinforcing a bearish trend regime. The chart shows repeated rejection from prior resistance zones, followed by impulse legs lower and only brief countertrend bounces, leaving the tape in a selloff-and-retest pattern rather than a base-building pattern.