GLD SPDR Gold Shares Daily Chart Analysis: 2026-Jul-08 07:04 CT

Price Action

Last: 383.60,
Bars: Medium,
Mom: average.

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: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt High 383.60,
4. Pvt. Next: Pvt Low 372.38,
5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
6. Levels S: 383.32, 360.12, 338.81, 326.19, 305.19.

Daily Benchmarks

(Short-Term) 5 Day: 373.58 Up Trend,
(Short-Term) 10 Day: 378.40 Up Trend,
(Intermediate-Term) 20 Day: 382.02 Up Trend,
(Intermediate-Term) 55 Day: 402.26 Down Trend,
(Long-Term) 100 Day: 426.98 Down Trend,
(Long-Term) 200 Day: 410.11 Down Trend.

Additional Metrics

ATR: 13.70,
VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is trading near the lower end of its recent swing structure after a steady multi-month decline from the spring highs, with price now attempting a short-term base around the 380s. The pivot pattern remains short-term constructive with a fresh higher pivot high, but the intermediate pivot framework is still lower-high/lower-low, keeping the broader swing profile under pressure. Daily benchmarks show price recovering above the 5, 10, and 20 day averages, yet it remains below the 55, 100, and 200 day benchmarks, which keeps the longer cycle biased down. The chart reflects a choppy retracement phase rather than a full trend reversal, with nearby resistance clustered around prior pivot and benchmark areas while support is defined by the low-370s and then the 360 area. Volatility is moderate and the recent price action suggests a consolidation-to-recovery attempt inside a larger corrective decline.