GLD SPDR Gold Shares Daily Chart Analysis: 2026-May-29 07:04 CT

Price Action

• Last: 404.30,
• 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 404.30,
• 4. Pvt. Next: Pvt high 414.54,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 404.30, 400.26, 399.20, 395.33, 388.52.

Daily Benchmarks

• (Short-Term) 5 Day: 414.14 Down Trend,
• (Short-Term) 10 Day: 417.56 Down Trend,
• (Intermediate-Term) 20 Day: 421.84 Down Trend,
• (Intermediate-Term) 55 Day: 428.80 Down Trend,
• (Long-Term) 100 Day: 440.22 Down Trend,
• (Long-Term) 200 Day: 401.10 Down Trend.

Additional Metrics

• ATR: 13.29,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a corrective swing phase after a multi-month advance, with price pressing into the lower end of the May monthly NTZ and sitting below the 5, 10, 20, 55, and 100-day benchmarks. The pivot structure shows a short-term downtrend with the next pivot reversal mapped to a higher swing point at 414.54, while support has clustered near 404.30, 400.26, and 399.20. The 200-day average near 401.10 is acting as a major long-term reference, keeping the broader tape from becoming fully bearish, but the daily structure remains choppy-to-lower with lower highs and failed rebounds from the April and May ranges. Volatility is elevated enough to keep swing moves active, and the chart is centered on a test of the 400 area after rejection from the 430s zone.