GLD SPDR Gold Shares Daily Chart Analysis: 2026-Mar-16 07:06 CT

Price Action

WSFG Weekly

MSFG Month Mar

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

GLD has recently shifted into a corrective phase after a strong rally, as evidenced by the current short-term and intermediate-term downtrends in both swing pivots and moving averages. Price is consolidating just above a key swing low support at 460.12, with resistance levels overhead at 481.15 and 492.45. The 20-day and 10-day moving averages have turned down, confirming the loss of short-term momentum, while the 55-day, 100-day, and 200-day moving averages remain in uptrends, reflecting a still-intact long-term bullish structure. Volatility remains elevated (ATR 159), but volume has normalized after the recent surge. The market is in a digestion phase, with neither bulls nor bears in clear control on the short or intermediate timeframes, while the long-term trend remains constructive. Swing traders should note the potential for further consolidation or a retest of lower support before any renewed upside attempt.


Chart Analysis ATS AI Generated: 2026-03-16 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.