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

Price Action

• Last: 416.00,
• 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: Bullish,
• Long-Term: Bullish.

Key Insights Summary

GLD remains in a powerful higher-timeframe uptrend, but the weekly structure is in a corrective phase after the sharp rejection from the 492.15 pivot high. Price is now trading back inside the 2026 session NTZ area, with the short-term pivot trend turned down and the 5/10/20-day benchmarks rolled over, showing near-term momentum loss. At the same time, the intermediate and long-term structure stays constructive because the HiLo pivot trend remains UTrend and price is still well above the 55-, 100-, and 200-day benchmarks. The chart is showing a classic post-extension pullback after a vertical rally, with prior breakout areas and the 399.20 pivot low acting as the main structural reference below current price.