
GLD SPDR Gold Shares Daily Chart Analysis: 2026-Jun-08 07:03 CT
Price Action
- Last: 395.92,
- 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 395.92,
- 4. Pvt. Next: Pvt High 406.78,
- 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
- 6. Levels S: 395.92, 395.33, 368.52, 360.12, 333.81.
Daily Benchmarks
- (Short-Term) 5 Day: 411.89 Down Trend,
- (Short-Term) 10 Day: 412.55 Down Trend,
- (Intermediate-Term) 20 Day: 419.04 Down Trend,
- (Intermediate-Term) 55 Day: 425.49 Down Trend,
- (Long-Term) 100 Day: 440.38 Down Trend,
- (Long-Term) 200 Day: 404.22 Down Trend.
Additional Metrics
- ATR: 13.45,
- VOLMA: 7207880.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
GLD is in a broad downside swing with price pressing the lower end of the recent range near the 395.92 pivot low. The chart shows repeated rejection from overhead resistance zones and a sequence of lower highs and lower lows, while price remains below the 5, 10, 20, 55, 100, and 200 day benchmarks. The pivot structure is aligned with a DTrend on both short-term and intermediate-term measures, and the current setup reflects a fast downside momentum phase after a failed rebound from the May and June swing area. Overhead reference levels at 406.78, 437.42, 448.70, 481.31, and 492.15 define prior reaction points, while the nearby support cluster at 395.92 and 395.33 marks the immediate floor within a broader bearish structure.
Chart Analysis ATS AI Generated: 2026-06-08 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.