GLD SPDR Gold Shares Daily Chart Analysis: 2026-Sep-15 07:07 CT

Price Action

• Last: 392.87,
• Bars: Small,
• 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 Below NTZ,
• MSFG Trend: Bearish.

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: DTrend,
• 3. Pvt. Evolve: Pvt low 390.96,
• 4. Pvt. Next: Pvt high 402.52,
• 5. Levels R: 495.18, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 390.96, 368.64, 367.98, 363.60, 363.32.

Daily Benchmarks

• (Short-Term) 5 Day: 400.09 Down Trend,
• (Short-Term) 10 Day: 403.20 Down Trend,
• (Intermediate-Term) 20 Day: 409.43 Down Trend,
• (Intermediate-Term) 55 Day: 399.12 Down Trend,
• (Long-Term) 100 Day: 399.34 Down Trend,
• (Long-Term) 200 Day: 415.93 Down Trend.

Additional Metrics

• ATR: 14.44,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD’s futures-style swing structure is decisively bearish: price is beneath every benchmark average, the short-term and intermediate pivot trends are DTrend, and the September monthly grid has broken below its lower NTZ area. The decline from the 429.42 pivot high has produced lower highs and a fresh pivot low at 390.96, with rapid downside momentum despite smaller recent daily bars. The 390.96 pivot is the immediate structural reference, while 402.52 is the next opposite-pivot reversal level and the 399.12 to 403.20 moving-average cluster represents nearby overhead trend pressure. The broader pattern remains a countertrend rollover following the August rally, with long-term averages also declining and positioned overhead.