GLD SPDR Gold Shares Daily Chart Analysis: 2026-Jun-02 07:04 CT

Price Action

• Last: 408.24,
• Bars: Medium,
• Mom: slow.

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: DTrend,
• 3. Pvt. Evolve: Pvt Low 408.24,
• 4. Pvt. Next: Pvt High 419.08,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 408.24, 404.30, 400.26, 399.20, 395.33.

Daily Benchmarks

• (Short-Term) 5 Day: 413.24 Down Trend,
• (Short-Term) 10 Day: 414.78 Down Trend,
• (Intermediate-Term) 20 Day: 421.28 Down Trend,
• (Intermediate-Term) 55 Day: 427.83 Down Trend,
• (Long-Term) 100 Day: 440.44 Down Trend,
• (Long-Term) 200 Day: 402.17 Up Trend.

Additional Metrics

• ATR: 159,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a short-term down pivot sequence with price sitting below the 5, 10, 20, 55, and 100 day benchmarks while still holding above the rising 200 day benchmark, which keeps the broader structure from turning fully negative. The swing pivot map shows a DTrend short-term and intermediate-term, with the next opposite pivot level identified as a pivot high near 419.08 after the current pivot low at 408.24. Overhead resistance is layered at 437.42, 448.70, 481.31, 492.15, and 495.88, while nearby support clusters at 404.30, 400.26, 399.20, and 395.33 define the lower test zones. The chart reflects a corrective phase after prior range expansion, with momentum slowing and price compressing under the declining benchmark stack, consistent with a choppy retracement rather than a clean trend acceleration.