GLD SPDR Gold Shares Daily Chart Analysis: 2026-Aug-31 07:06 CT

Price Action

• Last: 408.32,
• 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 Bullish,
• MSFG Trend: Bullish.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 407.62,
• 4. Pvt. Next: Pvt high 418.32,
• 5. Levels R: 498.38, 492.15, 481.31, 449.70, 437.42,
• 6. Levels S: 407.62, 397.87, 368.64, 367.98, 363.60.

Daily Benchmarks

• (Short-Term) 5 Day: 424.47 Down Trend,
• (Short-Term) 10 Day: 415.67 Up Trend,
• (Intermediate-Term) 20 Day: 402.86 Up Trend,
• (Intermediate-Term) 55 Day: 397.48 Up Trend,
• (Long-Term) 100 Day: 402.89 Up Trend,
• (Long-Term) 200 Day: 414.84 Up Trend.

Additional Metrics

• ATR: 14.25,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a sharp short-term countertrend decline after rejecting the 429.42 pivot-high resistance area. Large-range selling bars and a close below the 5-day and 10-day benchmarks confirm fast downside momentum, while 407.62 is the immediate active pivot-low support. The intermediate structure remains constructive because price holds above the rising 20-day and 55-day benchmarks and the HiLo pivot trend remains upward. The 200-day benchmark near 414.84 is overhead, creating a nearby longer-term trend inflection zone, while 397.87 is the next meaningful lower support beneath the current pivot low.