GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-24 07:04 CT

Price Action

• Last: 364.33,
• 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: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 364.33,
• 4. Pvt. Next: Pvt high 397.11,
• 5. Levels R: 492.15, 429.42,
• 6. Levels S: 364.33, 333.32, 301.30, 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, as a proxy for the gold-futures swing environment, is in a sharp weekly countertrend decline from the 429.42 pivot high and remains below the clustered 5, 10, 20, and 55-week benchmarks. The 364.33 pivot-low area is the immediate structural reference; a sustained break would expose the lower support sequence at 333.32 and 301.30. The broader advance remains intact through the rising 100- and 200-week averages, but the current swing structure is lower-high/lower-low bearish until price reclaims the 397.11 reversal threshold and then the 429.42 resistance pivot.