GLD SPDR Gold Shares Daily Chart Analysis: 2026-May-18 07:04 CT

Price Action

• Last: 413.28,
• Bars: Large,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt Low 414.12,
• 4. Pvt. Next: Pvt High 424.14,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 414.12, 413.28, 400.26, 399.20, 395.33.

Daily Benchmarks

• (Short-Term) 5 Day: 431.31 Down Trend,
• (Short-Term) 10 Day: 427.79 Down Trend,
• (Intermediate-Term) 20 Day: 429.39 Down Trend,
• (Intermediate-Term) 55 Day: 433.61 Down Trend,
• (Long-Term) 100 Day: 439.47 Down Trend,
• (Long-Term) 200 Day: 396.87 Up Trend.

Additional Metrics

• ATR: 159,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a lower-high, lower-low daily swing structure with the current pivot trend still DTrend and price sitting near the lower end of the recent pivot support band. The latest price action is compressing under the cluster of declining 5, 10, 20, 55, and 100 day benchmarks, which keeps the short-term and intermediate-term tone soft despite the broader 200 day benchmark remaining in an uptrend. The monthly and weekly fib grid readings remain neutral, showing that price is trading around a balancing zone rather than a decisive expansion leg. From a futures swing trader’s view, the chart reflects a post-peak retracement and consolidation phase after the sharp March surge, followed by rejection from the upper resistance shelf and a drift back toward the 413 area. The visible pivot map shows resistance layered overhead at 437.42, 448.70, 481.31, 492.15, and 495.88, while support is concentrated at 414.12, 413.28, 400.26, 399.20, and 395.33, keeping the structure range-bound and technically heavy on the upside. Overall, the daily setup remains constructive only on the very long horizon through the 200 day trend, while the active swing frame is still dominated by a bearish-to-neutral consolidation beneath falling averages.