GC Gold Futures Daily Chart Analysis: 2026-Aug-20 07:05 CT

Price Action

Last: 4395.5,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 43%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Aug

Intermediate-Term
MSFG Current: 100%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: -40%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt high 4583.8,
4. Pvt. Next: Pvt low 4379.0,
5. Levels R: 5633.6, 5057.5, 5010.5, 4872.6, 4685.6,
6. Levels S: 4053.9, 4021.5, 4013.9.

Daily Benchmarks

(Short-Term) 5 Day: 4495.5 Up Trend,
(Short-Term) 10 Day: 4432.5 Up Trend,
(Intermediate-Term) 20 Day: 4285.6 Up Trend,
(Intermediate-Term) 55 Day: 4343.9 Up Trend,
(Long-Term) 100 Day: 4478.9 Up Trend,
(Long-Term) 200 Day: 4620.6 Down Trend.

Additional Metrics

ATR: 249.2,
VOLMA: 182966.

Recent Trade Signals

19 Aug 2026: Long GC 12-26 @ 4552.2 Signals.USAR.TR120
19 Aug 2026: Short GC 12-26 @ 4401.7 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price action has shifted into a high-volatility reversal following the August rally into the 4583.8 pivot high. The short-term pivot structure remains upward, but the latest large-range decline pushed price below the 5-day, 10-day, and 100-day benchmarks, reflecting fast downside momentum and a short-term countertrend retracement. The weekly and monthly fib grids remain positive above their F0% zones, while the 20-day and 55-day averages retain rising trends, preserving the intermediate higher-low recovery structure. The 200-day average remains declining and overhead near 4620.6, maintaining a weaker long-term backdrop. Pivot resistance is concentrated from 4685.6 through 4872.6, while 4379.0 is the immediate pivot-reversal reference and the 4053.9 to 4013.9 area marks deeper structural support.