GLD SPDR Gold Shares Weekly Chart Analysis: 2026-May-04 07:05 CT

Price Action

• Last: 423.18,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month May

• 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 399.20,
• 4. Pvt. Next: Pvt High 457.40,
• 5. Levels R: 492.15,
• 6. Levels S: 399.20, 380.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 432.08 Down Trend,
• (Short-Term) 10 Day: 446.05 Down Trend,
• (Intermediate-Term) 20 Day: 436.34 Down Trend,
• (Intermediate-Term) 55 Day: 377.48 Up Trend,
• (Long-Term) 100 Day: 312.42 Up Trend,
• (Long-Term) 200 Day: 246.21 Up Trend.

Overall Rating

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

Key Insights Summary

GLD remains in a mature weekly uptrend structure with a strong long-term bullish backdrop from the rising 55, 100, and 200 day benchmarks, while the short-term picture has rolled over from the recent 492.15 swing high and is now correcting toward the 399.20 pivot low zone. Price is trading below the 5, 10, and 20 day benchmarks, which keeps the near-term tape weaker and more corrective, but the intermediate and long-term trend stack still supports the broader bullish cycle. The pivot structure shows a short-term DTrend with the next upside pivot still defined at 457.40, indicating the market is in a pullback phase after an extended advance rather than a completed trend failure. The recent weekly action reflects sharp expansion and reversal behavior near the highs, with volatility increasing after the rally into the upper yearly session grid.