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

Price Action

• Last: 378.76,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

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

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 411.18,
• 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: 396.05 Down Trend,
• (Short-Term) 10 Day: 398.40 Down Trend,
• (Intermediate-Term) 20 Day: 392.70 Down Trend,
• (Intermediate-Term) 55 Day: 387.87 Up Trend,
• (Long-Term) 100 Day: 350.62 Up Trend,
• (Long-Term) 200 Day: 273.41 Up Trend.

Overall Rating

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

Key Insights Summary

GLD reflects a corrective gold-futures swing structure: price has fallen beneath the 5, 10, 20, and 55-week benchmarks following rejection from the 429.42 pivot high, while both pivot-trend measures remain in DTrend. The 376.88 pivot low is the immediate structural reference, with 363.32 and 360.12 forming the next lower support cluster. The broader futures-cycle backdrop remains constructive because the 100- and 200-week averages continue rising well beneath price; however, the current weekly structure is a counter-trend decline within that longer-term advance. A recovery through the 387.87 to 398.40 benchmark band would characterize a rebound phase, while 411.18 is the next confirmed upside pivot threshold.