GLD SPDR Gold Shares Daily Chart Analysis: 2026-Mar-24 07:05 CT

Price Action

• Last: 404.04,
• 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 404.04,
• 4. Pvt. Next: Pvt high 451.80,
• 5. Levels R: 495.88, 492.15, 481.51,
• 6. Levels S: 404.04, 368.52.

Daily Benchmarks

• (Short-Term) 5 Day: 455.88 Down Trend,
• (Short-Term) 10 Day: 462.15 Down Trend,
• (Intermediate-Term) 20 Day: 465.94 Down Trend,
• (Intermediate-Term) 55 Day: 447.28 Down Trend,
• (Long-Term) 100 Day: 421.24 Down Trend,
• (Long-Term) 200 Day: 374.14 Up Trend.

Additional Metrics

• ATR:159,
• VOLMA:7207880.

Overall Rating

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

Key Insights Summary

GLD has experienced a sharp and accelerated selloff, with price breaking decisively below all key short- and intermediate-term moving averages. The most recent swing pivot has established a new low at 404.04, confirming a strong downtrend in both short- and intermediate-term pivot metrics. Resistance levels are clustered well above current price, while the next support is at 368.52, suggesting a wide gap and potential for continued volatility. The 200-day moving average remains in an uptrend, but price is now approaching this long-term support zone, which could act as a critical inflection point. Volume and ATR both indicate heightened activity and volatility, consistent with a capitulation or panic phase. The overall structure reflects a transition from a strong uptrend to a corrective or reversal phase, with the market currently in a bearish swing cycle. Futures swing traders would note the dominance of downside momentum, the lack of immediate support until much lower, and the potential for either a further breakdown or a technical bounce as price nears the 200-day average.