GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Aug-24 07:06 CT

Price Action

• Last: 423.89,
• Bars: Large,
• Mom: fast.

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 Above NTZ,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 424.89,
• 4. Pvt. Next: Pvt low 388.89,
• 5. Levels R: 492.15, 424.89,
• 6. Levels S: 363.32, 360.12, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 382.40 Up Trend,
• (Short-Term) 10 Day: 381.42 Up Trend,
• (Intermediate-Term) 20 Day: 403.07 Up Trend,
• (Intermediate-Term) 55 Day: 384.08 Up Trend,
• (Long-Term) 100 Day: 339.84 Up Trend,
• (Long-Term) 200 Day: 264.08 Up Trend.

Overall Rating

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

Key Insights Summary

GLD’s weekly structure reflects a strong futures-style momentum recovery from the 363.32 swing-support area, with price reclaiming the 20-week benchmark near 403.07 and pressing the 424.89 evolving pivot-high level. The short-term pivot condition is positive, while the intermediate HiLo sequence remains technically DTrend following the decline from 492.15; this makes the current advance a powerful recovery leg within a still-unresolved broader swing range. The yearly grid’s 400 area has shifted into an important structural reference zone, with price holding above its NTZ. The fully upward benchmark stack, from 5 through 200 periods, confirms that the dominant longer-duration gold trend remains upward. Near-term price behavior is defined by the test of 424.89, while 492.15 remains the major overhead swing extreme and 388.89 identifies the pivot reversal threshold.