GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-11 18:05 CT

Price Action

• Last: 376.00,
• Bars: Large,
• 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: Below F0%
• F0%/NTZ' Bias: Price Bearish,
• YSFG Trend: DTrend.

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 408.83,
• 5. Levels R: 492.15, 429.42,
• 6. Levels S: 374.23, 363.32.

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 counter-trend decline within a still-positive long-term gold cycle. From a futures swing-trader perspective, the near-term tape is bearish: price is below the 5-, 10-, 20-, and 55-week benchmarks, while both the active pivot and HiLo trend remain in DTrend. The 429.42 pivot high marks the principal overhead recovery reference, while 374.23 is the immediate pivot-low test and 363.32 is the next lower support shelf. The decline from the 429 area has been fast and volatile, producing lower highs and a test of the prior 374 support zone. Despite the short- and intermediate-term retracement, the 100- and 200-week averages remain rising and well below price, preserving the broader bullish secular structure.