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

Price Action

• Last: 376.89,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

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

MSFG Month Jul

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

YSFG Year 2026

• Long-Term
• YSFG Current: -6.0%
• F0%/NTZ' Bias: Price Below F0%,
• YSFG Trend: Bullish.

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 400.44,
• 5. Levels R: 492.15,
• 6. Levels S: 360.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 376.89 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: Bearish,
• Long-Term: Bullish.

Key Insights Summary

GLD reflects a corrective futures-swing phase within a broader precious-metals advance. Weekly price is below the 10-, 20-, and 55-period benchmarks and remains beneath the 2026 yearly F0%/NTZ area near 400, confirming near-term downside pressure after rejection from the 492.15 swing-high resistance. The active 363.32 pivot low and nearby 360.12 support define the immediate downside reference, while a recovery through the 400.44 next-pivot level would mark a meaningful change in the short-term swing structure. The intermediate pivot sequence remains an UTrend and the 100- and 200-period averages continue upward, indicating the larger trend remains constructive despite the current retracement.