GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-29 07:06 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD, as a liquid proxy for gold-futures swing structure, is in a fast short-term corrective phase within a still constructive major trend. The weekly pivot and HiLo structures are both DTrend, with price beneath the declining 5-, 10-, 20-, and 55-week benchmarks. The 364.33 pivot low is the immediate structural reference, while 395.79 is the next upside pivot-reversal level and 429.42 remains the larger overhead swing resistance. Price is below the 2026 yearly F0%/NTZ area near 401, confirming a bearish yearly-grid position. The longer-cycle trend remains supported by rising 100- and 200-week averages, but the present swing cycle shows lower highs from 492.15 and a retracement toward the 100-week benchmark near 354.61.


Chart Analysis ATS AI Generated: 2026-10-29 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.