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

Price Action

• Last: 378.00,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Oct

• 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 Below 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 411.28,
• 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 Down 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’s weekly structure reflects a sharp corrective downswing from the 492.15 pivot high, with price now below the declining 5-, 10-, 20-, and 55-week benchmarks. The active pivot sequence remains bearish, marked by lower highs and a test of the 376.88 pivot-low area. From a futures swing-trader perspective, 376.88 is the immediate structural reference; a sustained break beneath it exposes the clustered 363.32-360.12 support zone. A recovery through 392.70-398.40 would place the yearly F0%/NTZ area back in focus, while 411.28 is the next confirmed pivot-reversal threshold. Despite the short- and intermediate-term correction, the rising 100- and 200-week averages preserve the broader long-term bull-cycle structure.