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

Price Action

• Last: 414.71,
• 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 458.36,
• 5. Levels R: 492.15,
• 6. Levels S: 399.20, 380.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 433.78 Down Trend,
• (Short-Term) 10 Day: 441.51 Down Trend,
• (Intermediate-Term) 20 Day: 437.73 Down Trend,
• (Intermediate-Term) 55 Day: 379.11 Up Trend,
• (Long-Term) 100 Day: 314.50 Up Trend,
• (Long-Term) 200 Day: 247.48 Up Trend.

Overall Rating

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

Key Insights Summary

GLD remains in a strong higher-timeframe uptrend, but the weekly tape has transitioned into a sharp corrective swing from the 490 area back into the low-410s. The current pivot structure is in DTrend short-term, with price pressing below the faster weekly benchmarks and sitting under the 20-day average, while still well above the rising 55-, 100-, and 200-day benchmarks. That leaves the immediate swing posture softer and more retracement-driven, but the broader trend still constructive because the intermediate and long benchmarks remain aligned upward. The 2026 yearly fib zone is being tested after the recent spike, which makes the current action look like a pullback and consolidation phase inside a larger secular advance rather than a major trend break.