GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-28 07:06 CT

Price Action

• Last: 369.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

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

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 395.75,
• 5. Levels R: 492.15, 429.42,
• 6. Levels S: 364.33, 303.32, 291.68, 291.78, 272.58, 238.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 381.35 Down Trend,
• (Short-Term) 10 Day: 394.57 Down Trend,
• (Intermediate-Term) 20 Day: 388.00 Down Trend,
• (Intermediate-Term) 55 Day: 386.60 Down Trend,
• (Long-Term) 100 Day: 354.61 Up Trend,
• (Long-Term) 200 Day: 278.57 Up Trend.

Overall Rating

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

Key Insights Summary

GLD’s weekly structure reflects a sharp corrective decline from the 429.42 swing-high area, with price now testing the active 364.33 pivot-low support zone. For a futures swing-trading context, the near-term tape is defined by fast downside momentum, lower highs, and price trading below the 5-, 10-, 20-, and 55-week benchmarks. The 364.33 area is the immediate structural reference; a sustained recovery above 381.35 to 395.75 would represent a meaningful countertrend repair, while the longer-term trend remains constructive because price is still above the rising 100- and 200-week averages. The yearly Fib structure has shifted below its central NTZ region near 400, confirming that the current phase is a long-term uptrend pullback rather than a fully repaired bullish continuation.