GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Apr-05 18:03 CT

Price Action

• Last: 429.77,
• 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 475.40,
• 5. Levels R: 492.15, 475.40, 429.77,
• 6. Levels S: 390.20, 380.22, 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: Bullish,
• Long-Term: Bullish.

Key Insights Summary

GLD has experienced a sharp move higher over the past year, with price action recently showing large, fast momentum bars to the upside, followed by a notable pullback from the highs. The short-term swing pivot trend has shifted to down (DTrend), confirmed by both the 5- and 10-week moving averages turning lower, indicating a corrective phase or retracement after a strong rally. However, the intermediate-term HiLo trend remains up, and all long-term benchmarks (20, 55, 100, 200 week MAs) are still in uptrends, reflecting underlying bullish structure. Key resistance is at 492.15 and 475.40, with immediate support at 390.20 and 380.22. The current environment suggests a short-term correction within a broader bullish trend, typical of a market digesting gains after a breakout. Futures swing traders may interpret this as a period of consolidation or pullback, with the potential for trend continuation if support levels hold and momentum resumes upward. The neutral bias on all Fib grid sessions highlights a pause in directional conviction, possibly awaiting new catalysts or confirmation of trend resumption.