GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Sep-16 07:09 CT

Price Action

• Last: 390.96,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

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

MSFG Month Sep

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Below F0%,
• MSFG Trend: Bearish.

YSFG Year 2026

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

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 426.08,
• 5. Levels R: 492.15, 429.42,
• 6. Levels S: 390.96, 363.32, 360.12, 291.78, 272.58.

Weekly Benchmarks

• (Short-Term) 5 Day: 407.48 Down Trend,
• (Short-Term) 10 Day: 392.66 Up Trend,
• (Intermediate-Term) 20 Day: 397.87 Up Trend,
• (Intermediate-Term) 55 Day: 387.47 Up Trend,
• (Long-Term) 100 Day: 346.44 Up Trend,
• (Long-Term) 200 Day: 270.01 Up Trend.

Overall Rating

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

Key Insights Summary

GLD reflects a futures-style corrective swing within a still-established major uptrend. Price has fallen below the 5, 10, and 20-week benchmarks and remains beneath the 2026 F0% area, while the active pivot structure is a short-term and intermediate-term DTrend. The 390.96 pivot low is the immediate structural reference, with the 363.32 to 360.12 support cluster defining the lower swing zone. The rebound toward 429.42 was rejected, preserving a lower-high sequence below the prior 492.15 peak. Long-term structure remains constructive because price is still above the rising 55, 100, and 200-week benchmarks, characterizing the current move as a substantial retracement inside the broader gold bull cycle.