GLD SPDR Gold Shares Daily Chart Analysis: 2026-Sep-16 07:08 CT

Price Action

• Last: 394.90,
• Bars: Small,
• Mom: slow.

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: DTrend,
• 3. Pvt. Evolve: Pvt low 390.96,
• 4. Pvt. Next: Pvt high 402.08,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 390.96, 386.84, 367.98, 363.60, 363.32.

Daily Benchmarks

• (Short-Term) 5 Day: 398.21 Down Trend,
• (Short-Term) 10 Day: 401.60 Down Trend,
• (Intermediate-Term) 20 Day: 409.00 Down Trend,
• (Intermediate-Term) 55 Day: 398.90 Down Trend,
• (Long-Term) 100 Day: 398.00 Down Trend,
• (Long-Term) 200 Day: 416.00 Down Trend.

Additional Metrics

• ATR: 14.45,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD reflects a futures-style corrective downswing following the late-August rejection near 429.42. Price has formed lower highs and lower lows, remains beneath every listed benchmark, and the pivot structure is aligned in DTrend across short- and intermediate-term measures. The 390.96 pivot low is the immediate downside reference, while 402.08 is the pivot-reversal threshold and aligns with the nearby moving-average congestion. Current small bars near the September NTZ lower area indicate slowed downside momentum and consolidation after the selloff, but the broader technical structure remains pressure-oriented below the 409.00 20-day and 416.00 200-day benchmarks. ATR at 14.45 indicates daily range expansion remains meaningful relative to the recent consolidation.