GLD SPDR Gold Shares Daily Chart Analysis: 2026-Jul-24 07:05 CT

Price Action

• Last: 370.53,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

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

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 0%
• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 370.53,
• 4. Pvt. Next: Pvt high 380.07,
• 5. Levels R: 490.88, 492.15, 481.31, 447.70, 437.42,
• 6. Levels S: 370.53, 368.60, 363.32, 360.12, 333.81.

Daily Benchmarks

• (Short-Term) 5 Day: 370.08 Up Trend,
• (Short-Term) 10 Day: 372.17 Up Trend,
• (Intermediate-Term) 20 Day: 372.25 Up Trend,
• (Intermediate-Term) 55 Day: 391.80 Down Trend,
• (Long-Term) 100 Day: 415.86 Down Trend,
• (Long-Term) 200 Day: 411.69 Down Trend.

Additional Metrics

• ATR: 13.86,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD, as a liquid proxy for the gold-futures swing structure, remains in a broad bearish sequence of lower highs and lower lows. Price is pressing the July MSFG center area near 370.53 after rejection from the 380.07 pivot threshold, while the current pivot remains a developing low. The 5-day average has turned higher and sits marginally beneath price, but price remains below the 10-day and 20-day averages and materially below the declining 55-, 100-, and 200-day benchmarks. The 368.60 to 360.12 support cluster defines the nearby downside structure, while 380.07 is the first meaningful pivot-reversal reference and 382.22 is the next overhead swing level. Volume participation is subdued relative to the earlier selloff, consistent with a compressed consolidation phase within the larger downtrend.