GLD SPDR Gold Shares Daily Chart Analysis: 2026-Apr-29 07:05 CT

Price Action

• Last: 421.91,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

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

MSFG Month Apr

• Intermediate-Term
• MSFG Current: 434.94%
• 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 418.40,
• 4. Pvt. Next: Pvt High 429.04,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70,
• 6. Levels S: 418.40, 400.26, 399.20, 395.33, 388.52.

Daily Benchmarks

• (Short-Term) 5 Day: 431.30 Down Trend,
• (Short-Term) 10 Day: 437.27 Down Trend,
• (Intermediate-Term) 20 Day: 434.48 Down Trend,
• (Intermediate-Term) 55 Day: 437.71 Down Trend,
• (Long-Term) 100 Day: 434.94 Up Trend,
• (Long-Term) 200 Day: 389.26 Up Trend.

Additional Metrics

• ATR: 12.86,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a short-term pullback phase after a sharp spring advance, with the current daily close below the 5, 10, 20, and 55-day benchmarks and the pivot sequence still pointing to a lower short-term structure. The active pivot read shows DTrend on the short-term swing while the HiLo trend remains UTrend, which fits a market that is correcting within a broader rising framework rather than fully breaking trend. The April MSFG zone is centered near 434.94, and price sitting below that area keeps the monthly bias neutral to slightly soft. Resistance is layered at 429.04, 431.31, 437.71, 448.70, and then higher pivot caps near 481.31 to 495.88, while support is marked at 418.40 and then clustered into the 400 to 395 area. The longer-term 100-day and 200-day averages still slope higher, so the broader backdrop remains constructive even as the recent daily cycle has turned corrective and choppy. Momentum has cooled, volume has normalized, and the current structure reflects a retracement after a prior impulse leg rather than a fresh trend breakout.