GLD SPDR Gold Shares Daily Chart Analysis: 2026-May-22 07:04 CT

Price Action

• Last: 417.00,
• Bars: Medium,
• 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 409.88,
• 4. Pvt. Next: Pvt High 419.80,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 409.88, 400.28, 399.20, 395.33, 368.52.

Daily Benchmarks

• (Short-Term) 5 Day: 418.37 Down Trend,
• (Short-Term) 10 Day: 425.54 Down Trend,
• (Intermediate-Term) 20 Day: 424.98 Down Trend,
• (Intermediate-Term) 55 Day: 431.24 Down Trend,
• (Long-Term) 100 Day: 439.79 Down Trend,
• (Long-Term) 200 Day: 399.07 Up Trend.

Additional Metrics

• ATR: 159,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is trading in a lower-high, lower-low structure with short-term pivot trend in DTrend and price sitting under the 5, 10, 20, 55, and 100 day benchmarks, which keeps the daily swing tone weak. The May monthly session grid is still centered near a neutral-to-soft zone, but the price action has not reclaimed the prior acceptance area around the upper 430s. The chart shows repeated tests and rejections from overhead pivot resistance, while the 200 day benchmark near 399 remains the major long-term structural reference below. From a futures swing trader view, the pattern is choppy and corrective after the prior spring advance, with momentum slowing and daily volatility contracting relative to the earlier expansion phase.