GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jun-24 07:04 CT

Price Action

• Last: 371.88,
• Bars: Large,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt Low 371.88,
• 4. Pvt. Next: Pvt High 412.18,
• 5. Levels R: 492.15, 412.18,
• 6. Levels S: 371.88, 360.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 400.17 Down Trend,
• (Short-Term) 10 Day: 415.43 Down Trend,
• (Intermediate-Term) 20 Day: 432.68 Down Trend,
• (Intermediate-Term) 55 Day: 385.21 Up Trend,
• (Long-Term) 100 Day: 327.79 Up Trend,
• (Long-Term) 200 Day: 258.03 Up Trend.

Overall Rating

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

Key Insights Summary

Gold remains in a broad long-term uptrend, but the weekly structure is currently correcting off a major peak near 492.15. Short-term momentum has rolled over with the pivot sequence now pointing to DTrend, while the intermediate HiLo structure is still constructive and anchored by the stronger rising longer benchmarks. Price is trading below the faster weekly benchmarks and has retraced back into the upper part of the 2026 yearly fib zone, which keeps the action more rotational than impulsive. The chart shows a mature advance followed by a sharp rejection from the highs and a return toward prior breakout areas, typical of a trend pause after a vertical run. Long-term trend support remains intact above the 200-day and 100-day averages, so the bigger cycle is still bullish even though the current weekly swing is in a pullback phase.