GLD SPDR Gold Shares Daily Chart Analysis: 2026-Oct-31 07:05 CT

Price Action

• Last: 354.67,
• 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 354.67,
• 4. Pvt. Next: Pvt high 362.33,
• 5. Levels R: 495.88, 492.15, 481.31, 448.70, 437.42,
• 6. Levels S: 354.67, 333.81, 328.19, 305.19, 300.95.

Daily Benchmarks

• (Short-Term) 5 Day: 369.78 Down Trend,
• (Short-Term) 10 Day: 373.61 Down Trend,
• (Intermediate-Term) 20 Day: 376.89 Down Trend,
• (Intermediate-Term) 55 Day: 385.61 Down Trend,
• (Long-Term) 100 Day: 386.68 Down Trend,
• (Long-Term) 200 Day: 413.27 Down Trend.

Additional Metrics

• ATR: 148.0,
• VOLMA: 7207880.

Overall Rating

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

Key Insights Summary

GLD is in a broad, high-momentum liquidation phase from a futures swing-trader perspective. Price has broken beneath the October monthly NTZ, the 5/10-day short-term benchmarks, and all intermediate and long-term moving-average references. Both pivot structures are in DTrend, with a fresh pivot low at 354.67 and the next opposing pivot threshold near 362.33. The decline has expanded through former October support, leaving 354.67 as the immediate structural reference and 333.81 as the next lower swing-support zone. Overhead, the 369.78-376.89 short-term moving-average band and the October grid area define the nearest retracement and rejection region. Large bars, fast momentum, and elevated ATR characterize an impulsive downside leg rather than a balanced consolidation.