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

Price Action

• Last: 378.37,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

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

MSFG Month Aug

• 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 Bearish,
• YSFG Trend: Bearish.

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 399.42,
• 5. Levels R: 492.15,
• 6. Levels S: 360.12, 291.78, 272.58, 238.73.

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: 262.41 Up Trend.

Overall Rating

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

Key Insights Summary

GLD reflects a futures-swing-style corrective phase within a still constructive major uptrend. Weekly price is below the 10-, 20-, and 55-period benchmarks and beneath the 2026 yearly NTZ/F0% area, confirming near-term downside pressure after the rejection from the 492.15 pivot high. The 363.32 pivot low and 360.12 support define the current swing-floor test, while 382.78 through 404.47 is the principal overhead benchmark and yearly-grid recovery zone. The intermediate HiLo structure remains UTrend and the 100- and 200-period averages continue higher, preserving the broader higher-high/higher-low cycle despite the short-term DTrend.