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

Price Action

• Last: 430.96,
• Bars: Medium,
• Mom: average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 433.19,
• 4. Pvt. Next: Pvt Low 423.07,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 433.19,
• 6. Levels S: 413.28, 400.26, 399.20, 395.33, 368.52.

Daily Benchmarks

• (Short-Term) 5 Day: 419.45 Up Trend,
• (Short-Term) 10 Day: 424.86 Up Trend,
• (Intermediate-Term) 20 Day: 431.84 Down Trend,
• (Intermediate-Term) 55 Day: 434.19 Down Trend,
• (Long-Term) 100 Day: 436.93 Down Trend,
• (Long-Term) 200 Day: 392.62 Up Trend.

Additional Metrics

• ATR: 519,
• VOLMA: 11M.

Overall Rating

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

Key Insights Summary

GLD is trading in a broad corrective structure after the March peak, with April’s rebound stalling into a lower-high sequence and the current price sitting near the 20-day benchmark. The daily action shows a mixed recovery attempt from the May swing low, but the pivot map still reflects intermediate-term weakness because the higher-timeframe pivot trend remains down and resistance levels are layered overhead near 433.19, 448.70, and 481.31. The 200-day benchmark remains rising and well below price, which keeps the long-term backdrop constructive even as the nearer-term structure is choppy and range-bound around the MSFG/F0 area.