GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Apr-20 07:04 CT

Price Action

• Last: 445.93,
• 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 309.20,
• 4. Pvt. Next: Pvt high 492.15,
• 5. Levels R: 492.15, 450.57, 431.10,
• 6. Levels S: 372.80, 309.20, 291.78, 272.58, 260.12.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 431.10 Up Trend,
• (Intermediate-Term) 10 Week: 440.94 Up Trend,
• (Long-Term) 20 Week: 445.93 Up Trend,
• (Long-Term) 55 Week: 372.80 Up Trend,
• (Long-Term) 100 Week: 308.02 Up Trend,
• (Long-Term) 200 Week: 243.52 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 large, fast-momentum bars and a short-term downtrend in swing pivots. Despite this short-term weakness, the intermediate and long-term trends remain firmly bullish, supported by all major moving averages trending upward and higher pivot lows. The price is currently consolidating above key support levels (372.80, 309.20), with resistance at 431.10 and 450.57 before retesting the recent high at 492.15. The neutral stance of the Fib grids across all timeframes suggests a pause or digestion phase after a strong move, typical of a market recalibrating after a breakout. Volatility remains elevated, and the structure hints at a corrective phase within a broader uptrend, with the potential for further consolidation or a resumption of the upward move if support holds and momentum returns.