Does Williams %R Agree on GC and MES? (5-minute Charts)
Educational reference. Measured from recorded market data through September 23, 2026. Not a forecast.
Williams %R measures where the close sits inside the recent range. This page asks a narrower question than the price comparison: when Williams %R moves on Gold, does it move the same way on Micro E-mini S&P 500?
| Bars where Williams %R moved on both | 8,644 |
|---|---|
| … and moved the same direction | 5,248 (60.7%) |
| Price correlation, same period | +0.400 |
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.
See LiveCharts.AI forecasting Williams %R on both — 7-day free trial →
See the price relationship between GC and MES →
See live predictions on LiveCharts.AI →
Questions traders ask
Intraday 5 minute futures candle analysis Yes. LiveCharts.AI predicts GC on the 5 minute chart as on every timeframe from 1 minute to 1 hour, with the predicted indicators beside the predicted candles. Candlestick prediction →
Can ChatGPT read a GC trading chart? A screenshot in a general chatbot shows only one moment. LiveCharts.AI's chart chat reads the live GC chart, every new bar and its predicted next candles, so you can ask where GC is predicted to go. Chat with a trading chart →
GC AI technical analysis app LiveCharts.AI is a prediction app for GC: open the GC chart on any timeframe and the predicted path appears next to the real one. 7 day free trial. Futures prediction app →