GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jul-02 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 403.06,
5. Levels R: 492.15,
6. Levels S: 383.32, 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: 384.30 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: Neutral,
Long-Term: Bullish.

Key Insights Summary

GLD is in a sharp weekly pullback from the 2026 highs after a strong multi-month advance, with price now back inside the 2026 yearly NTZ and pressing the lower end of the yearly structure near 360. The short-term pivot stack has flipped to DTrend, while the HiLo trend remains UTrend, showing a countertrend bounce attempt inside a broader upswing. Weekly benchmarks are split: price is below the 5, 10, 20, and 55-week averages, but still above the rising 100-week and 200-week measures, which keeps the longer arc constructive even as the near-term tape softens. The chart shows a transition from breakout and trend acceleration into a deeper retracement, with the 403 area acting as the next pivot upside reference and 360, 383, then 291/272 as important downside structure points. From a futures swing trader view, the tape is in a corrective phase after an extended rally, with volatility elevated and momentum now dominated by the weekly reversal off the highs.