GLD SPDR Gold Shares Weekly Chart Analysis: 2026-May-21 07:05 CT

Price Action

Last: 415.00,
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 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: Bullish,
Long-Term: Bullish.

Key Insights Summary

GLD remains in a powerful higher-timeframe uptrend, but the weekly structure has shifted into a short-term corrective phase after a sharp surge to the 490s and a fast rejection back toward the 400 area. The pivot structure shows the current short-term pivot trend in DTrend while the intermediate HiLo trend still points higher, reflecting a pullback inside a broader uptrend rather than a full trend failure. Price is trading below the 5, 10, and 20 week benchmarks, which keeps the near-term tone soft, but it remains well above the 55, 100, and 200 week averages, preserving the longer-term bullish backdrop. The 2026 yearly fib box centers near the 399 area, making that zone the main structural reference, while the 452 pivot high and 492 resistance mark the prior expansion range. From a futures swing trader perspective, the chart is showing a bullish secular trend with a short-term retracement, choppy consolidation at elevated levels, and an active test of prior breakout territory after a vertical rally.