GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Mar-23 07:06 CT

Price Action

• Last: 420.70,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt. low 413.38,
• 4. Pvt. Next: Pvt. high 492.15,
• 5. Levels R: 492.15,
• 6. Levels S: 413.38, 360.00, 299.77, 238.51.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 470.87 Down Trend,
• (Intermediate-Term) 10 Week: 454.35 Down Trend,
• (Long-Term) 20 Week: 420.70 Up Trend,
• (Long-Term) 55 Week: 364.77 Up Trend,
• (Long-Term) 100 Week: 299.77 Up Trend,
• (Long-Term) 200 Week: 238.51 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has experienced a sharp rally to new highs, followed by a significant pullback as indicated by the large, fast-momentum bars and a recent swing pivot downtrend on the short-term. The price is currently consolidating above a key support at 413.38, with the next major resistance at 492.15. While short-term momentum has shifted bearish, the intermediate and long-term trends remain bullish, supported by upward-sloping long-term moving averages and higher swing lows. This suggests the recent correction may be a retracement within a broader uptrend. Volatility is elevated, and the market is in a corrective phase after a strong advance, with potential for further consolidation or a base-building period before the next directional move.