GLD SPDR Gold Shares Daily Chart Analysis: 2026-Sep-18 07:07 CT

Price Action

• Last: 398.19,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt high 401.44,
• 4. Pvt. Next: Pvt low 390.54,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 388.39, 386.84, 379.88, 363.60, 363.32.

Daily Benchmarks

• (Short-Term) 5 Day: 394.77 Down Trend,
• (Short-Term) 10 Day: 399.67 Down Trend,
• (Intermediate-Term) 20 Day: 408.42 Down Trend,
• (Intermediate-Term) 55 Day: 398.48 Down Trend,
• (Long-Term) 100 Day: 398.14 Down Trend,
• (Long-Term) 200 Day: 416.11 Down Trend.

Additional Metrics

• ATR: 14.48,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD, as a liquid proxy for gold futures price action, is staging a sharp rebound from the 388.39 pivot-support area, but the broader swing structure remains bearish. Price is recovering above the 5-day average and is pressing the September MSFG center area, while remaining below the declining 10-day and 20-day benchmarks. The active pivot remains a 401.44 swing high within a DTrend, with 390.54 defining the next downside pivot threshold. The recent decline from 429.42 produced lower highs and lower lows, and the current bounce has not yet altered that intermediate structure. The 398.14 to 399.67 benchmark cluster is a near-term balance zone, while 408.42 and 416.11 remain overhead intermediate and major-trend reference levels. ATR near 14.48 reflects elevated daily range conditions and a volatile, two-sided futures-style swing environment.