
GLD SPDR Gold Shares Daily Chart Analysis: 2026-May-05 07:04 CT
Price Action
- Last: 414.71,
- Bars: Medium,
- Mom: Slow.
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: DTrend,
- 3. Pvt. Evolve: Pvt Low 413.28,
- 4. Pvt. Next: Pvt High 423.68,
- 5. Levels R: 495.88, 492.15, 481.31, 448.70, 427.93,
- 6. Levels S: 413.28, 400.28, 399.20, 395.33, 388.52.
Daily Benchmarks
- (Short-Term) 5 Day: 423.21 Down Trend,
- (Short-Term) 10 Day: 428.73 Down Trend,
- (Intermediate-Term) 20 Day: 433.16 Down Trend,
- (Intermediate-Term) 55 Day: 435.53 Down Trend,
- (Long-Term) 100 Day: 436.32 Down Trend,
- (Long-Term) 200 Day: 391.53 Up Trend.
Additional Metrics
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
GLD is in a short-term down phase with price below the 5, 10, 20, 55, and 100-day benchmarks, while the 200-day remains the only major trend support still rising. The pivot structure is aligned with a DTrend on both the short-term and intermediate-term views, and the nearest support cluster sits around 413.28 followed by 400.28, 399.20, and 395.33. Overhead resistance is layered at 423.68, then 427.93, with higher swing resistance beyond that near 448.70 and 481.31. Volume and ATR reflect a quieter, grinding tape after a prior expansion phase, with price compressing near the lower end of the recent range. The broader pattern shows a failed rally attempt and a return toward support, leaving the daily structure choppy and counter-trend relative to the still-rising long-term 200-day baseline.
Chart Analysis ATS AI Generated: 2026-05-05 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.