GLD SPDR Gold Shares Daily Chart Analysis: 2026-Oct-08 07:06 CT

Price Action

• Last: 374.23,
• 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 Below 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 374.23,
• 4. Pvt. Next: Pvt high 382.91,
• 5. Levels R: 495.38, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 374.23, 368.64, 367.98, 363.60, 363.32.

Daily Benchmarks

• (Short-Term) 5 Day: 381.11 Up Trend,
• (Short-Term) 10 Day: 384.43 Down Trend,
• (Intermediate-Term) 20 Day: 390.98 Down Trend,
• (Intermediate-Term) 55 Day: 394.17 Down Trend,
• (Long-Term) 100 Day: 392.79 Down Trend,
• (Long-Term) 200 Day: 415.99 Down Trend.

Additional Metrics

• ATR: 14.69,
• VOLMA: 5.00.

Overall Rating

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

Key Insights Summary

GLD is in a broad futures-style liquidation swing, with price breaking beneath the October monthly NTZ and trading below every displayed benchmark average. The short-term pivot structure remains in a DTrend and the intermediate HiLo structure also confirms lower lows. The 374.23 pivot low is the immediate downside reference, followed by clustered support at 368.64 to 363.32. A rebound would first encounter pivot reversal structure near 382.91, with the declining 5-, 10-, and 20-day averages creating overhead pressure from 381.11 through 390.98. The decline from the late-August high near 429.42 has developed as a sequence of lower highs and lower lows, while the elevated ATR reflects an expanded daily swing range and fast downside momentum.