GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jun-01 07:04 CT

Price Action

• Last: 406.00,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jun

• 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 448.52,
• 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 powerful long-term bullish structure, with the 55/100/200 day benchmarks still pointed higher and the broader pivot structure preserving a sequence of higher highs and higher lows over the multi-year advance. The current weekly action has shifted into a short-term corrective phase after the sharp run to the 492.15 swing resistance, with price pulling back into the 2026 yearly NTZ around the 399.20 pivot support area. Short-term momentum has softened as price trades below the 5 and 10 day benchmarks and sits under the 20 day benchmark, while the intermediate swing pivot trend still reflects a broader uptrend framework from the larger leg up. The weekly structure looks like a post-breakout consolidation following an extended rally, with volatility expanding at the recent peak and then contracting into the current pullback zone.