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

Price Action

• Last: 382.18,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: Below NTZ
• F0%/NTZ' Bias: Price Bearish,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: Below F0%
• F0%/NTZ' Bias: Price Bearish,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: Below NTZ
• F0%/NTZ' Bias: Price Bearish,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 373.36,
• 4. Pvt. Next: Pvt high 406.84,
• 5. Levels R: 492.15, 429.42,
• 6. Levels S: 373.36, 363.32, 360.12, 291.78, 272.58.

Weekly Benchmarks

• (Short-Term) 5 Day: 391.61 Down Trend,
• (Short-Term) 10 Day: 399.77 Down Trend,
• (Intermediate-Term) 20 Day: 391.23 Down Trend,
• (Intermediate-Term) 55 Day: 387.75 Down Trend,
• (Long-Term) 100 Day: 351.99 Up Trend,
• (Long-Term) 200 Day: 274.45 Up Trend.

Overall Rating

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

Key Insights Summary

GLD reflects a sharp futures-style corrective swing within a still-rising long-term gold structure. Price is below the weekly and monthly Fib equilibrium area near 400 and beneath the declining 5, 10, 20, and 55-week benchmarks, confirming bearish short- and intermediate-term control. The current swing-low evolution is 373.36, while 406.84 defines the pivot-reversal threshold; the 429.42 pivot high is the more significant overhead resistance. The 363.32 to 360.12 support cluster is the immediate downside reference zone. Despite the fast retracement and lower-high sequence from 492.15, the rising 100- and 200-week averages preserve the longer-term bullish trend structure.