GC Gold Futures Daily Chart Analysis: 2026-Nov-08 18:05 CT

Price Action

Last: 4081.0,
Bars: Medium,
Mom: Average.

WSFG Weekly

Short-Term
WSFG Current: -4%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Nov

Intermediate-Term
MSFG Current: 41%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: -133%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt high 4155.8,
4. Pvt. Next: Pvt low 3930.3,
5. Levels R: 5750.2, 5597.5, 5010.5, 4755.0, 4155.8,
6. Levels S: 3879.3, 3549.7, 3515.5, 3504.7, 3405.2.

Daily Benchmarks

(Short-Term) 5 Day: 4034.3 Down Trend,
(Short-Term) 10 Day: 4026.8 Up Trend,
(Intermediate-Term) 20 Day: 4080.3 Up Trend,
(Intermediate-Term) 55 Day: 4195.8 Down Trend,
(Long-Term) 100 Day: 4250.6 Down Trend,
(Long-Term) 200 Day: 4562.8 Down Trend.

Additional Metrics

ATR: 347,
VOLMA: 182966.

Recent Trade Signals

03 Nov 2026: Long GC 12-26 @ 3931.5 Signals.USAR-WSFG
02 Nov 2026: Long GC 12-26 @ 3977.9 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Gold is staging a short-term rebound from the 3879.3 swing-low area, producing an UTrend pivot structure and recovering above the rising 10-day benchmark. The rebound has reached the declining 20-day average near 4080 and remains below the 4155.8 pivot-high resistance, leaving the near-term structure rotational rather than a confirmed broader reversal. Intermediate conditions are mixed: the monthly grid remains positive and the 20-day average is rising, while the HiLo trend and 55-day benchmark remain down. The larger swing structure remains bearish beneath the declining 100-day and 200-day averages, with lower-high pressure evident from the 4755.0 peak. Volatility remains elevated, reflected in the wide ATR, and the recent V-style recovery has transitioned into consolidation around the November grid.