GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jul-20 07:05 CT

Price Action

• Last: 363.32,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Jul

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Bearish,
• MSFG Trend: DTrend.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Bearish,
• YSFG Trend: DTrend.

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 401.38,
• 5. Levels R: 492.15,
• 6. Levels S: 360.12.

Weekly Benchmarks

• (Short-Term) 5 Day: 380.49 Down Trend,
• (Short-Term) 10 Day: 398.07 Down Trend,
• (Intermediate-Term) 20 Day: 419.79 Down Trend,
• (Intermediate-Term) 55 Day: 384.29 Down Trend,
• (Long-Term) 100 Day: 332.37 Up Trend,
• (Long-Term) 200 Day: 259.27 Up Trend.

Overall Rating

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

Key Insights Summary

GLD reflects a fast weekly liquidation phase from the 492.15 pivot high, with price at 363.32 beneath the declining 5, 10, 20, and 55-week benchmarks. The short-term pivot structure is in DTrend, while 360.12 is the principal nearby swing support and 401.38 is the reversal threshold for a new pivot high. From a futures swing-trader perspective, the chart depicts a sharp countertrend decline within a still-bullish major trend: the intermediate pivot structure remains UTrend and both the 100- and 200-week benchmarks continue higher. Price is below the 2026 F0% area near 401.38, showing that the yearly advance has retraced materially and current trade is characterized by elevated downside momentum rather than consolidation.