GLD SPDR Gold Shares Daily Chart Analysis: 2026-Oct-16 07:06 CT

Price Action

Last: 382.94,
Bars: Medium,
Mom: Slow.

WSFG Weekly

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

MSFG Month Oct

Intermediate-Term
MSFG Current: 68%
F0%/NTZ' Bias: Price Neutral,
MSFG Trend: Neutral.

YSFG Year 2026

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

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt high 382.94,
4. Pvt. Next: Pvt low 375.40,
5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
6. Levels S: 373.36, 368.64, 367.98, 363.60, 363.32.

Daily Benchmarks

(Short-Term) 5 Day: 380.30 Down Trend,
(Short-Term) 10 Day: 380.38 Down Trend,
(Intermediate-Term) 20 Day: 386.06 Down Trend,
(Intermediate-Term) 55 Day: 391.38 Down Trend,
(Long-Term) 100 Day: 390.90 Down Trend,
(Long-Term) 200 Day: 415.14 Down Trend.

Additional Metrics

ATR: 14.7,
VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is trading at 382.94 after a rebound from the 373.36 swing-support area, but the recovery has stalled beneath the declining 20-day benchmark at 386.06 and well below the 55-day and 100-day averages near 391.38 and 390.90. The short-term pivot structure remains in UTrend from the recent 373.36 low, while the broader HiLo pivot sequence remains DTrend, defining the current advance as a countertrend bounce within a larger decline. The October MSFG is holding near its center zone, reflecting consolidation rather than a confirmed directional expansion. Futures-style swing context remains dominated by lower highs from the 429.42 peak, declining benchmark alignment, moderating momentum, and overhead resistance clustered from 385.17 through 391.38. The 373.36 support cluster remains the key lower structural reference, with 375.40 identified as the next pivot-reversal level.