GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Aug-05 07:06 CT

Price Action

• Last: 373.40,
• Bars: Small,
• Mom: slow.

WSFG Weekly

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

MSFG Month Aug

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 363.33,
• 4. Pvt. Next: Pvt high 398.88,
• 5. Levels R: 492.15,
• 6. Levels S: 363.33.

Weekly Benchmarks

• (Short-Term) 5 Day: 373.40 Down Trend,
• (Short-Term) 10 Day: 382.78 Down Trend,
• (Intermediate-Term) 20 Day: 404.47 Down Trend,
• (Intermediate-Term) 55 Day: 382.88 Down Trend,
• (Long-Term) 100 Day: 336.54 Up Trend,
• (Long-Term) 200 Day: 262.51 Up Trend.

Overall Rating

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

Key Insights Summary

GLD reflects a futures-style corrective swing within a broader long-term gold uptrend. Weekly price is consolidating near 373.40 after a sharp decline from the 492.15 pivot high, with small bars and slow momentum showing compression rather than impulsive follow-through. The active short-term pivot structure remains a DTrend, while the intermediate HiLo structure remains an UTrend. Price is below the 10-, 20-, and 55-week benchmarks and beneath the 2026 yearly NTZ/F0% area near 400, defining the current countertrend decline. The 363.33 pivot low is the nearby structural support reference, while 398.88 is the pivot-reversal level and 492.15 remains the major overhead swing resistance. Long-term structure remains constructive because the 100- and 200-week benchmarks continue rising well beneath price.