GLD SPDR Gold Shares Daily Chart Analysis: 2026-Sep-28 07:06 CT

Price Action

Last: 394.54,
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 Below F0% in the Lower 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 389.05,
4. Pvt. Next: Pvt high 399.57,
5. Levels R: 437.42, 429.42, 413.54, 403.15,
6. Levels S: 389.05, 383.89, 368.64, 367.98, 363.80.

Daily Benchmarks

(Short-Term) 5 Day: 396.34 Down Trend,
(Short-Term) 10 Day: 396.01 Down Trend,
(Intermediate-Term) 20 Day: 400.80 Down Trend,
(Intermediate-Term) 55 Day: 398.17 Down Trend,
(Long-Term) 100 Day: 396.47 Down Trend,
(Long-Term) 200 Day: 416.40 Down Trend.

Additional Metrics

ATR: 14.94,
VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a broad corrective downswing from the late-August 429.42 pivot high, with both the short-term pivot structure and intermediate HiLo structure registering DTrend. From a futures swing-trader perspective, price is consolidating near the 389.05 swing-low support after a sharp decline, while the small recent bars and slowing momentum indicate compression rather than a confirmed directional expansion. Price remains beneath every tracked daily benchmark, with the 20-day at 400.80 and the pivot-next level at 399.57 forming an important overhead trend-recovery zone. The September monthly grid places price in the lower portion of its NTZ and below F0%, reinforcing the prevailing bearish intermediate-term positioning. A sustained hold around 389.05 defines the current basing area, while failure of that level exposes the lower historical support cluster near 383.89 and the 368.64 to 363.80 range.