GLD SPDR Gold Shares Daily Chart Analysis: 2026-Jun-05 07:04 CT

Price Action

Last: 406.23,
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 406.23,
4. Pvt. Next: Pvt High 417.09,
5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
6. Levels S: 408.23, 404.30, 400.26, 399.20, 395.33.

Daily Benchmarks

(Short-Term) 5 Day: 412.19 Down Trend,
(Short-Term) 10 Day: 413.17 Down Trend,
(Intermediate-Term) 20 Day: 420.03 Down Trend,
(Intermediate-Term) 55 Day: 426.02 Down Trend,
(Long-Term) 100 Day: 440.42 Down Trend,
(Long-Term) 200 Day: 403.70 Up Trend.

Additional Metrics

ATR: 159,
VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD remains in a corrective, lower-high structure after the March peak and the later May/early June swing failure. Price is holding just above the 406 pivot low area while still trading beneath the 5, 10, 20, 55, and 100-day benchmarks, keeping the near-term structure under pressure. The 200-day benchmark remains rising and sits close to current price, which is the main reason the longer-term tone is not outright bearish. The pivot map shows DTrend with a fresh low at 406.23 and the next upside pivot reference at 417.09, while overhead resistance clusters remain layered at 408.23, 404.30, 400.26, 399.20, and 395.33 on the support side and 437.42, 448.70, 481.31, 492.15, and 495.88 above. The broader pattern is choppy and rotational, with repeated rallies failing below prior highs and pullbacks compressing toward the lower support band, consistent with a market still digesting the prior run-up rather than trending cleanly.