GLD SPDR Gold Shares Daily Chart Analysis: 2026-May-19 07:04 CT

Price Action

Last: 414.12,
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: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt low 414.12,
4. Pvt. Next: Pvt high 424.06,
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: 428.52 Down Trend,
(Short-Term) 10 Day: 427.20 Down Trend,
(Intermediate-Term) 20 Day: 427.98 Down Trend,
(Intermediate-Term) 55 Day: 433.03 Down Trend,
(Long-Term) 100 Day: 439.56 Down Trend,
(Long-Term) 200 Day: 397.45 Up Trend.

Additional Metrics

ATR: 13.05,
VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a corrective swing phase after rolling over from the March peak and failing to hold the upper benchmark cluster. Price is sitting near the 414 support shelf, with the short-term pivot trend still down and the Hi/Lo pivot structure holding up but not yet reclaiming trend control. The daily benchmark stack is mostly bearish, with price below the 5, 10, 20, 55, and 100 day averages, while only the 200 day remains upward sloping underneath price. The MSFG for May is centered near the current area, showing a balanced-to-neutral monthly session posture, but the recent tape has been marked by lower highs, test-and-reject behavior, and a drift back into the lower session zone. Resistance is layered overhead at 424, 437, and 449, while support is clustered around 414, 413, 400, and 395, keeping the chart in a range-to-downside recovery posture rather than a confirmed expansion trend.