GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Sep-24 07:07 CT

Price Action

WSFG Weekly

MSFG Month Sep

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD is in a fast short-term downswing from the 429.42 pivot-high resistance area, with price testing the active 388.39 pivot-low and the rising 55-week benchmark at 387.96. From a futures swing-trader perspective, this is a decisive short-term retracement within a substantially stronger long-term precious-metals structure: the 100-week and 200-week benchmarks remain firmly rising, while the 20-week average near 396.57 has become nearby overhead pressure. The pivot sequence is presently lower-high/lower-low bearish, with 423.61 defining the next upside pivot-reversal reference and 363.32 to 360.12 defining the next major downside support band. The yearly grid position is below its F0%/NTZ zone, reflecting a bearish long-term countertrend phase, while the broadly rising benchmark alignment continues to characterize the larger cycle as bullish.


Chart Analysis ATS AI Generated: 2026-09-24 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.