GLD SPDR Gold Shares Daily Chart Analysis: 2026-May-06 07:04 CT

Price Action

• Last: 436.62,
• 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 423.52,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 427.93,
• 6. Levels S: 413.28, 400.26, 399.20, 395.33, 388.52.

Daily Benchmarks

• (Short-Term) 5 Day: 420.17 Down Trend,
• (Short-Term) 10 Day: 425.99 Down Trend,
• (Intermediate-Term) 20 Day: 432.51 Down Trend,
• (Intermediate-Term) 55 Day: 434.78 Down Trend,
• (Long-Term) 100 Day: 436.62 Down Trend,
• (Long-Term) 200 Day: 392.07 Up Trend.

Additional Metrics

• ATR: 13.13,
• VOLMA: 11M.

Overall Rating

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

Key Insights Summary

GLD is in a corrective swing structure after the March peak, with the pivot model still pointing DTrend and the higher-timeframe sequence showing lower highs and lower lows. Price has rebounded from the April/May support area and is trading back near the 100-day benchmark, but the short- and intermediate-term moving averages remain stacked overhead and the pivot resistance ladder is dense into 448.70, then 481.31 and the upper 490s. Support is concentrated at 427.93, 413.28, and the 400 area, while the 200-day remains well below and keeps the broader long-term structure from turning fully negative. The action looks rotational and test-and-rejection driven, with the current move attempting to stabilize inside the monthly fib zone rather than showing a clean trend continuation.