GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-21 07:05 CT

Price Action

• Last: 373.36,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

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

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 405.68,
• 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: 388.26 Down Trend,
• (Short-Term) 10 Day: 398.06 Down Trend,
• (Intermediate-Term) 20 Day: 389.48 Down Trend,
• (Intermediate-Term) 55 Day: 387.55 Down Trend,
• (Long-Term) 100 Day: 353.44 Up Trend,
• (Long-Term) 200 Day: 275.58 Up Trend.

Overall Rating

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

Key Insights Summary

GLD remains in a short- and intermediate-term corrective downswing following rejection from the 492.15 pivot high. Price is below the 5, 10, 20, and 55-week benchmarks, while pivot structure remains DTrend with lower highs and lower lows. The 373.36 pivot low is the immediate downside reference, followed by clustered support at 363.32 and 360.12. A recovery through 405.68 would establish the next opposing pivot-high threshold, with 429.42 as the larger swing resistance. Despite the active correction, the rising 100- and 200-week averages preserve the broader long-term bullish gold-cycle structure.