GLD SPDR Gold Shares Weekly Chart Analysis: 2026-May-20 07:04 CT

Price Action

• Last: 410.00,
• 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 452.02,
• 5. Levels R: 492.15,
• 6. Levels S: 399.20, 380.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 430.68 Down Trend,
• (Short-Term) 10 Day: 430.89 Down Trend,
• (Intermediate-Term) 20 Day: 439.49 Down Trend,
• (Intermediate-Term) 55 Day: 382.35 Up Trend,
• (Long-Term) 100 Day: 318.73 Up Trend,
• (Long-Term) 200 Day: 250.13 Up Trend.

Overall Rating

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

Key Insights Summary

GLD remains in a powerful long-run uptrend, but the weekly structure has shifted into a short-term pullback phase after the sharp extension to the 492.15 resistance area. Price has retreated back toward the 400 NTZ zone, where the latest pivot low at 399.20 becomes the key swing reference. The short-term pivot trend is down, while the higher-timeframe pivot structure and the 55/100/200-day benchmarks still point higher, showing that the broader trend remains intact even as momentum cools. The chart reflects a high-volatility rally followed by a fast retracement and early consolidation, with the current action sitting below the 5/10/20-day benchmarks but still above the rising 55-day average.