GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-12 07:05 CT

Price Action

• Last: 384.00,
• 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, 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 reflects a fast, high-volatility correction in the gold-futures complex. Weekly price is beneath the 5, 10, 20, and 55-period benchmarks, while both pivot structures remain in DTrend, defining a short- and intermediate-term sequence of lower highs and lower lows. The 374.23 pivot low is the immediate downside reference, with 363.32 and 360.12 forming the next clustered support area. A recovery through the 387.87 to 398.40 moving-average band would place the 408.83 pivot-high reversal level in focus, followed by 429.42 resistance. Despite the current decline below the 2026 F0% area, the rising 100- and 200-period averages preserve the broader long-term bullish structure.