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

Price Action

• Last: 399.20,
• 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 445.10,
• 5. Levels R: 492.15,
• 6. Levels S: 399.20, 380.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 421.04 Down Trend,
• (Short-Term) 10 Day: 426.56 Down Trend,
• (Intermediate-Term) 20 Day: 440.40 Down Trend,
• (Intermediate-Term) 55 Day: 384.68 Up Trend,
• (Long-Term) 100 Day: 322.75 Up Trend,
• (Long-Term) 200 Day: 252.68 Up Trend.

Overall Rating

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

Key Insights Summary

GLD is digesting a major weekly rally that pushed into the 490s before rolling over sharply into the 399 area, leaving price back inside the 2026 NTZ/F0 zone. The short-term structure has turned down with pivot trend deterioration and the fast benchmarks sloping lower, which matches the pullback phase seen on the weekly candles. Even so, the broader tape remains constructive because price is still holding well above the 55, 100, and 200 day benchmarks, keeping the larger trend aligned to the upside. The current look is a classic post-impulse retracement: strong prior advance, sharp rejection from highs, and a transition into a consolidation/correction phase while intermediate and long-term structure stay positive.