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

Price Action

• Last: 406.23,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 406.23,
• 4. Pvt. Next: Pvt high 417.19,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 406.23, 404.30, 400.26, 399.20, 395.33.

Daily Benchmarks

• (Short-Term) 5 Day: 412.32 Down Trend,
• (Short-Term) 10 Day: 413.53 Down Trend,
• (Intermediate-Term) 20 Day: 420.55 Down Trend,
• (Intermediate-Term) 55 Day: 426.69 Down Trend,
• (Long-Term) 100 Day: 440.45 Down Trend,
• (Long-Term) 200 Day: 403.20 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 corrective swing phase after rolling over from the late-March/early-May recovery structure, with price pressing back toward the 400-406 support band after failing below the 10, 20, 55, and 100 day benchmarks. The pivot structure is in DTrend across both the short-term and intermediate-term views, reflecting lower highs and lower lows, while the larger pattern still shows the 200-day benchmark holding as a long-term reference near 403. The monthly June session grid is sitting overhead in a neutral-to-distribution posture, and the chart shows repeated rejection from the 430s and 440s zone, leaving the current tape choppy but directionally weak. From a futures swing trader’s perspective, the dominant theme is downside momentum easing into a demand pocket, with the market transitioning from an impulsive selloff into a compressed consolidation around support.