GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Apr-02 07:05 CT

Price Action

Last: 437.82,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Apr

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 390.20,
4. Pvt. Next: Pvt high 492.15,
5. Levels R: 492.15, 470.45, 457.15,
6. Levels S: 425.28, 390.20, 319.78, 291.78, 240.92.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 440.24 DTrend,
(Intermediate-Term) 10 Week: 453.93 DTrend,
(Long-Term) 20 Week: 425.28 UTrend,
(Long-Term) 55 Week: 368.23 UTrend,
(Long-Term) 100 Week: 303.67 UTrend,
(Long-Term) 200 Week: 240.92 UTrend.

Overall Rating

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

Key Insights Summary

GLD has experienced a sharp pullback from recent highs, with large weekly bars and fast momentum indicating heightened volatility. The short-term swing pivot trend has shifted to down, confirmed by both the 5- and 10-week moving averages turning lower, while the intermediate-term HiLo trend remains up, suggesting the broader uptrend is still intact. Key resistance is overhead at 492.15 and 470.45, with immediate support at 425.28 and a major swing low at 390.20. Long-term moving averages (20, 55, 100, 200 week) remain in strong uptrends, reflecting a robust underlying bullish structure. The current price is consolidating near the upper end of the yearly range, within the NTZ, and the overall technical posture suggests a corrective phase within a larger bullish cycle. Futures swing traders will note the potential for further short-term downside or choppy consolidation before the longer-term uptrend resumes, especially if support levels hold and momentum stabilizes.