GLD SPDR Gold Shares Daily Chart Analysis: 2026-Mar-20 07:06 CT

Price Action

• Last: 426.41,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 426.41,
• 4. Pvt. Next: Pvt high 432.86,
• 5. Levels R: 495.88, 492.45, 481.91, 470.35, 432.86,
• 6. Levels S: 422.55, 417.04, 368.52, 373.04.

Daily Benchmarks

• (Short-Term) 5 Day: 453.44 Down Trend,
• (Short-Term) 10 Day: 465.44 Down Trend,
• (Intermediate-Term) 20 Day: 470.35 Down Trend,
• (Intermediate-Term) 55 Day: 449.36 Down Trend,
• (Long-Term) 100 Day: 420.40 Up Trend,
• (Long-Term) 200 Day: 373.04 Up Trend.

Additional Metrics

• ATR: 159,
• VOLMA: 7,207,880.

Overall Rating

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

Key Insights Summary

GLD has experienced a sharp and volatile selloff, with price action breaking decisively below key intermediate-term moving averages and forming a new swing low at 426.41. The short-term and intermediate-term trends have shifted to the downside, as confirmed by both the swing pivot structure and the direction of the 5, 10, 20, and 55-day moving averages. Resistance levels are stacked above, with the most immediate at 432.86 and major resistance at the previous high of 495.88. Support is now being tested near 422.55, with further downside risk toward the 100-day and 200-day moving averages if selling persists. The ATR indicates heightened volatility, and volume has spiked, suggesting strong participation in the recent move. The long-term trend remains neutral as price is still above the 200-day MA, but the loss of momentum and structure in the shorter timeframes signals a period of correction or consolidation may be underway. Swing traders will note the transition from a strong uptrend to a corrective phase, with the potential for further downside or a base-building process before any sustained recovery.