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

Price Action

• Last: 387.35,
• Bars: Medium,
• Mom: average.

WSFG Weekly

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

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 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 399.48,
• 5. Levels R: 492.15,
• 6. Levels S: 363.32.

Weekly Benchmarks

• (Short-Term) 5 Day: 373.40 Down Trend,
• (Short-Term) 10 Day: 382.76 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’s weekly structure reflects a sharp correction from the 492.15 pivot high, with the active short-term pivot sequence still bearish despite a rebound from the 363.32 swing low. Price has recovered above the declining 5-, 10-, and 55-week benchmarks, but remains beneath the falling 20-week average and below the 2026 yearly NTZ, leaving the 399.48 pivot-next level and the 404.47 20-week benchmark as important overhead structure. From a futures swing-trader perspective, the chart shows a countertrend recovery within a broader intermediate corrective phase, while the rising 100- and 200-week averages preserve the larger secular bullish trend.