GLD SPDR Gold Shares Daily Chart Analysis: 2026-Apr-23 07:04 CT

Price Action

• Last: 438.56,
• Bars: Medium,
• Mom: Momentum slow.

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 high 448.71,
• 4. Pvt. Next: Pvt low 429.77,
• 5. Levels R: 448.71, 481.15, 492.16, 495.68,
• 6. Levels S: 429.77, 406.28, 398.20, 390.23, 386.33, 386.32.

Daily Benchmarks

• (Short-Term) 5 Day: 438.03 Down Trend,
• (Short-Term) 10 Day: 434.81 Down Trend,
• (Intermediate-Term) 20 Day: 438.56 Up Trend,
• (Intermediate-Term) 55 Day: 453.05 Down Trend,
• (Long-Term) 100 Day: 403.05 Up Trend,
• (Long-Term) 200 Day: 385.77 Up Trend.

Additional Metrics

• ATR: 159,
• VOLMA: 7,207,880.

Overall Rating

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

Key Insights Summary

GLD is currently experiencing a short-term pullback, as indicated by the DTrend in the swing pivots and both the 5-day and 10-day moving averages trending down. The most recent swing pivot is a high at 448.71, with the next key support at 429.77, which aligns with the current price region. Intermediate-term structure remains neutral, with the 20-day MA still in an uptrend but the 55-day MA in a downtrend, suggesting a consolidation phase after a prior rally. Long-term momentum remains bullish, supported by the 100-day and 200-day moving averages trending up, reflecting underlying strength in the broader trend. Volatility is moderate (ATR 159), and volume is steady. The market is in a consolidation zone between major resistance at 448.71 and layered support down to the 386 area. No clear breakout or breakdown is present, and price is oscillating within the monthly NTZ. Futures swing traders may interpret this as a market in transition, with short-term weakness but longer-term resilience, awaiting a catalyst for the next directional move.