
GLD SPDR Gold Shares Weekly Chart Analysis: 2026-May-28 07:04 CT
Price Action
- Last: 424.26,
- 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 448.30,
- 5. Levels R: 492.15,
- 6. Levels S: 399.20, 360.12, 291.78, 272.58, 238.73.
Weekly Benchmarks
- (Short-Term) 5 Day: 424.26 Down Trend,
- (Short-Term) 10 Day: 426.19 Down Trend,
- (Intermediate-Term) 20 Day: 440.27 Down Trend,
- (Intermediate-Term) 55 Day: 383.48 Up Trend,
- (Long-Term) 100 Day: 320.72 Up Trend,
- (Long-Term) 200 Day: 251.40 Up Trend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
GLD remains in a broad structural uptrend on the weekly timeframe, but the most recent action shows a sharp counter-trend pullback from the 492.15 pivot resistance area back toward the low-420s. Short-term momentum has rolled over with price below the 5, 10, and 20 week benchmarks, while the intermediate and long-term frameworks stay constructive because price is still well above the rising 55, 100, and 200 week averages. The pivot map shows a fresh DTrend short-term phase with the next major upside pivot still defined at 448.30 and layered support stepping down through 399.20, 360.12, and lower levels. The overall pattern is a strong multi-year advance that is currently consolidating after an extended run, with volatility elevated and trend structure still higher on the larger scale.
Chart Analysis ATS AI Generated: 2026-05-28 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.