GLD SPDR Gold Shares Daily Chart Analysis: 2026-Oct-23 07:05 CT

Price Action

• Last: 369.10,
• Bars: Large,
• Mom: Fast.

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 368.35,
• 4. Pvt. Next: Pvt high 374.97,
• 5. Levels R: 495.88, 492.15, 481.31, 478.70, 437.42,
• 6. Levels S: 368.35, 367.98, 363.60, 363.32, 360.12.

Daily Benchmarks

• (Short-Term) 5 Day: 380.20 Down Trend,
• (Short-Term) 10 Day: 380.40 Down Trend,
• (Intermediate-Term) 20 Day: 381.57 Down Trend,
• (Intermediate-Term) 55 Day: 389.49 Down Trend,
• (Long-Term) 100 Day: 388.84 Down Trend,
• (Long-Term) 200 Day: 414.64 Down Trend.

Additional Metrics

• ATR: 147.9,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD reflects a broad futures-style downside swing structure: price has broken below the October monthly NTZ and all six daily benchmark averages, while both pivot trend measures remain in DTrend. The latest decline expanded into the 368.35 pivot-low area with large, fast-momentum bars, establishing 368.35 to 367.98 as the immediate downside test zone. A rebound would initially be characterized as countertrend while price remains beneath the 374.97 next-pivot threshold and the clustered 5-to-20 day averages near 380 to 382. The larger structure retains lower highs from the 429.42 peak, with the 389 to 403 area representing the prior breakdown and overhead resistance region.