GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Nov-04 07:05 CT

Price Action

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

WSFG Weekly

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

MSFG Month Nov

• 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,
• 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 385.13,
• 5. Levels R: 509.70, 492.15, 429.42,
• 6. Levels S: 354.67, 291.78, 236.13, 211.54, 210.71.

Weekly Benchmarks

• (Short-Term) 5 Day: 373.82 Down Trend,
• (Short-Term) 10 Day: 387.81 Down Trend,
• (Intermediate-Term) 20 Day: 386.46 Down Trend,
• (Intermediate-Term) 55 Day: 385.69 Down Trend,
• (Long-Term) 100 Day: 355.71 Down Trend,
• (Long-Term) 200 Day: 277.51 Up Trend.

Overall Rating

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

Key Insights Summary

GLD reflects a sharp weekly liquidation phase from the 429.42 lower-high pivot, with fast downside momentum carrying price into the 354.67 pivot-low area. Futures-oriented swing structure is bearish across the short and intermediate horizons: price is below the 5, 10, 20, and 55-period benchmarks, while both Pivot Trend and HiLo Trend remain in DTrend. The 385.13 pivot-high reversal level and the clustered 385-388 moving-average zone define the dominant overhead countertrend area. The 354.67 low is the immediate structural floor; a sustained break would expose the much lower 291.78 support. Longer-cycle structure is mixed: the 100-period average is rolling lower near price, while the rising 200-period average at 277.51 preserves the broader prior bull-cycle foundation despite the current bearish correction.