GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jul-01 07:04 CT

Price Action

• Last: 360.12,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jul

• 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 363.32,
• 4. Pvt. Next: Pvt High 402.88,
• 5. Levels R: 492.15,
• 6. Levels S: 363.32, 360.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 392.13 Down Trend,
• (Short-Term) 10 Day: 408.20 Down Trend,
• (Intermediate-Term) 20 Day: 428.59 Down Trend,
• (Intermediate-Term) 55 Day: 384.80 Down Trend,
• (Long-Term) 100 Day: 329.32 Up Trend,
• (Long-Term) 200 Day: 257.09 Up Trend.

Overall Rating

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

Key Insights Summary

GLD remains in a major uptrend on the higher-timeframe structure, but the weekly chart is in a sharp corrective phase after a powerful advance into the 490s. Price is now back near the 360 area, beneath the 5, 10, 20, and 55-week benchmarks, which aligns with the short-term swing pivot turning down. The intermediate-term structure is still digesting the prior breakout leg, with the current move looking more like a retracement and trend reset than a full top. Long-term support remains constructive because price is still well above the rising 100-day and 200-day benchmarks, and the broader sequence of higher highs and higher lows from 2023 through early 2026 is still intact. The recent decline has been impulsive and fast, with a clear loss of momentum from the peak and a return toward prior pivot support zones.