GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Nov-05 07:06 CT

Price Action

• Last: 373.82,
• 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 385.45,
• 5. Levels R: 509.70, 492.15, 429.42,
• 6. Levels S: 354.67, 291.78, 236.13, 211.54, 210.02, 170.71.

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 Up Trend,
• (Long-Term) 200 Day: 277.51 Up Trend.

Overall Rating

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

Key Insights Summary

The weekly futures-oriented structure is in a fast downside correction: price is below the 10-, 20-, and 55-week benchmarks, the short-term pivot trend is down, and the intermediate pivot sequence remains down. The decline has pressed through the 2026 yearly NTZ/F0% area near 400, shifting that former balance zone into overhead resistance. The 354.67 pivot low is the immediate structural reference, while 385.45 to 387.81 is the first rebound/rejection zone and 429.42 is the larger swing resistance level. Despite the current bearish correction, the 100- and 200-week averages remain rising and below price, preserving the broader long-term bull-cycle structure following the extended 2024-2026 advance.