GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jun-16 07:04 CT

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD has shifted from a steep multi-month advance into a sharp weekly retracement from the 492.15 peak, with the latest print near 371.88 sitting below the declining 5, 10, and 20 week benchmarks. The short-term swing structure is in DTrend, and the current leg is behaving like a lower-high / lower-low correction after the vertical rally phase. Intermediate structure has softened as price trades under the 55-week benchmark, but the broader long-term framework remains constructive because the 100- and 200-week averages are still rising and well below market. The weekly chart now reflects a trend-compression phase after an extended breakout run, with prior support zones at 360.12, 291.78, and 272.58 marking the major reference ladder beneath price.


Chart Analysis ATS AI Generated: 2026-06-16 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.