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

Price Action

• Last: 354.67,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: Below F0%,
• 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 386.53,
• 5. Levels R: 492.15, 429.42,
• 6. Levels S: 354.67, 291.78, 272.58, 238.73, 236.13.

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: 386.80 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 reflects a sharp weekly corrective swing from the 492.15 peak, with lower highs and lower lows defining the active short- and intermediate-term structure. Price is testing the 354.67 pivot-low area and sits below the declining 5, 10, 20, and 55-week benchmarks, while 386.53 to 394.57 forms the nearest overhead pivot-and-moving-average resistance band. The broader futures-style trend remains constructive because price is holding near the rising 100-week average and remains substantially above the rising 200-week average; however, the current yearly-grid position below the F0%/NTZ region characterizes this phase as a deep countertrend retracement within that larger advance.