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

Price Action

• Last: 422.95,
• 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 high 492.04,
• 4. Pvt. Next: Pvt low 360.12,
• 5. Levels R: 492.15,
• 6. Levels S: 360.12, 319.78, 291.78, 238.73.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 406.00 Up Trend,
• (Intermediate-Term) 10 Week: 414.24 Down Trend,
• (Long-Term) 20 Week: 422.98 Up Trend,
• (Long-Term) 55 Week: 366.51 Up Trend,
• (Long-Term) 100 Week: 301.69 Up Trend,
• (Long-Term) 200 Week: 239.71 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has experienced a sharp move higher, with recent weekly bars showing large ranges and fast momentum, indicating heightened volatility. The short-term swing pivot trend has shifted to a downtrend, suggesting a corrective phase or pullback after reaching a major swing high at 492.04. However, the intermediate-term HiLo trend remains up, and all long-term moving averages are in strong uptrends, confirming the underlying bullish structure. Key support levels are clustered at 360.12, 319.78, and 291.78, with the next major resistance at the recent high of 492.15. The price is currently consolidating above the 20-week and 55-week moving averages, reflecting a potential pause or retracement within a broader uptrend. The neutral bias across all session fib grids (weekly, monthly, yearly) suggests the market is digesting gains and could be setting up for the next directional move. Overall, the chart reflects a classic swing trader environment: a strong long-term uptrend with a short-term corrective pullback, offering potential for both trend continuation and mean reversion strategies depending on how price reacts at key support levels.