GC Gold Futures Daily Chart Analysis: 2026-Oct-23 07:05 CT

Price Action

• Last: 4071.0,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -103%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -44%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -137%
• 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 4000.9,
• 4. Pvt. Next: Pvt high 4137.5,
• 5. Levels R: 5603.6, 5597.5, 5010.5, 4887.6, 4755.0,
• 6. Levels S: 4000.9, 3549.7, 3515.5, 3504.7, 3405.2.

Daily Benchmarks

• (Short-Term) 5 Day: 4138.8 Down Trend,
• (Short-Term) 10 Day: 4155.6 Down Trend,
• (Intermediate-Term) 20 Day: 4170.9 Down Trend,
• (Intermediate-Term) 55 Day: 4278.9 Down Trend,
• (Long-Term) 100 Day: 4291.3 Down Trend,
• (Long-Term) 200 Day: 4605.1 Down Trend.

Additional Metrics

• ATR: 261.3,
• VOLMA: 182966.

Recent Trade Signals

• 21 Oct 2026: Short GC 12-26 @ 4149.8 Signals.USAR-WSFG
• 21 Oct 2026: Short GC 12-26 @ 4136.5 Signals.USAR-MSFG
• 15 Oct 2026: Long GC 12-26 @ 4178.7 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Gold futures remain in a broad multi-timeframe decline, with price below every benchmark average and beneath the weekly, monthly, and yearly Fib-grid centers. The large bearish daily bar shows accelerated downside momentum following October consolidation, while the pivot structure remains in DTrend with 4137.5 defining the next pivot-high reversal level. The 4000.9 pivot low is the nearest structural support; a break beneath it extends the established lower-high, lower-low pattern. Elevated ATR reflects a volatile selloff phase rather than a quiet consolidation.