GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Apr-21 07:05 CT

Price Action

Last: 434.00,
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,
6. Levels S: 390.20, 380.22, 291.78, 238.73.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 462.11 Down Trend,
(Intermediate-Term) 10 Week: 448.99 Down Trend,
(Long-Term) 20 Week: 434.00 Down Trend,
(Long-Term) 55 Week: 375.41 Up Trend,
(Long-Term) 100 Week: 310.25 Up Trend,
(Long-Term) 200 Week: 244.89 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has recently experienced a sharp pullback from its all-time highs, with large weekly bars and fast momentum indicating heightened volatility and a strong corrective move. The short-term trend has shifted to bearish, as confirmed by the swing pivot DTrend and both the 5- and 10-week moving averages turning down. However, the intermediate-term HiLo trend remains up, suggesting the broader uptrend is still intact despite the recent correction. Key support is found at 390.20, with further levels at 380.22 and 291.78, while resistance is set at the recent high of 492.15. Long-term moving averages (55, 100, 200 week) remain in strong uptrends, reflecting a robust underlying bullish structure. The current price is consolidating near the 20-week MA, which could act as a decision point for the next directional move. Overall, the market is in a corrective phase within a larger bullish cycle, with the potential for further consolidation or a resumption of the uptrend if support holds and momentum stabilizes.