GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-01 07:06 CT

Price Action

• Last: 379.80,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 376.88,
• 4. Pvt. Next: Pvt high 411.82,
• 5. Levels R: 492.15, 429.42,
• 6. Levels S: 376.88, 363.32, 360.12, 291.78, 272.58.

Weekly Benchmarks

• (Short-Term) 5 Day: 401.86 Down Trend,
• (Short-Term) 10 Day: 397.58 Down Trend,
• (Intermediate-Term) 20 Day: 394.55 Down Trend,
• (Intermediate-Term) 55 Day: 388.16 Up Trend,
• (Long-Term) 100 Day: 349.34 Up Trend,
• (Long-Term) 200 Day: 272.95 Up Trend.

Overall Rating

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

Key Insights Summary

GLD, as a liquid proxy for gold-futures swing conditions, is in a sharp weekly corrective phase beneath the 5-, 10-, 20-, and 55-week benchmarks. The confirmed short-term and intermediate-term pivot structure remains bearish, with lower-high behavior following the 429.42 pivot resistance. Price is testing the 376.88 pivot-low area after falling below the 2026 F0%/NTZ zone near 400, while 363.32-360.12 is the next clustered support region. The larger trend remains structurally positive because the 100- and 200-week averages continue rising well below price, framing the current action as a fast countertrend retracement within a still-bullish long-cycle structure.