GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jul-22 07:05 CT

Price Action

• Last: 376.82,
• 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 Below NTZ,
• 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 400.34,
• 5. Levels R: 492.15,
• 6. Levels S: 360.12.

Weekly Benchmarks

• (Short-Term) 5 Day: 376.82 Down Trend,
• (Short-Term) 10 Day: 391.53 Down Trend,
• (Intermediate-Term) 20 Day: 414.02 Down Trend,
• (Intermediate-Term) 55 Day: 383.73 Up Trend,
• (Long-Term) 100 Day: 333.73 Up Trend,
• (Long-Term) 200 Day: 280.94 Up Trend.

Overall Rating

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

Key Insights Summary

GLD, as a liquid proxy for the gold-futures swing environment, is in a sharp weekly countertrend decline from the 492.15 pivot high. The short-term pivot structure remains bearish, with price below the falling 10- and 20-week benchmarks and beneath the 2026 yearly NTZ. The 363.32 developing pivot low and 360.12 support define the active downside test area, while 383.73, 391.53, and 400.34 form a layered recovery and pivot-reversal zone. The larger futures-style structure remains constructive because the intermediate HiLo trend is still upward and price remains well above rising 100- and 200-week benchmarks; however, the current phase is corrective, volatile, and characterized by lower highs following the peak.