GLD SPDR Gold Shares Daily Chart Analysis: 2026-Sep-02 07:07 CT

Price Action

• Last: 398.87,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Sep

• 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 Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 396.45,
• 4. Pvt. Next: Pvt high 408.13,
• 5. Levels R: 448.70, 437.42, 429.38, 418.31, 403.70,
• 6. Levels S: 396.45, 386.84, 368.98, 368.60, 363.32.

Daily Benchmarks

• (Short-Term) 5 Day: 417.38 Down Trend,
• (Short-Term) 10 Day: 416.70 Down Trend,
• (Intermediate-Term) 20 Day: 406.68 Up Trend,
• (Intermediate-Term) 55 Day: 398.24 Up Trend,
• (Long-Term) 100 Day: 402.40 Up Trend,
• (Long-Term) 200 Day: 414.94 Down Trend.

Additional Metrics

• ATR: 1431,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD completed a sharp upside impulse into the 429.38 pivot-high area and then reversed with large-range bearish bars, creating fast downside momentum and a short-term DTrend. Price has retraced beneath the 5-day, 10-day, 20-day, and 100-day benchmarks, while testing the rising 55-day average near 398.24 and the active 396.45 pivot-low area. The intermediate structure remains UTrend because the 20-day and 55-day benchmarks retain positive slopes and the broader August advance produced higher lows. The current swing structure is a countertrend pullback within that intermediate recovery, with 408.13 defining the next upside pivot threshold and 396.45, followed by 386.84, defining the nearby downside structure. Long-term conditions are mixed: the 100-day average is rising, but price remains below the declining 200-day average near 414.94.