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

Price Action

• Last: 374.00,
• 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 385.67,
• 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: Bullish.

Key Insights Summary

GLD is in a sharp weekly corrective downswing from the 429.42 pivot high, with a sequence of lower highs and lower lows confirming bearish short- and intermediate-term pivot structure. The 354.67 pivot low is the immediate structural reference beneath the market, while 385.67 is the reversal threshold required to establish the next short-term pivot high. Price is below the declining 10-, 20-, and 55-week benchmarks, reflecting persistent downside momentum; however, it remains above the rising 200-week benchmark, preserving the broader long-term bull-cycle structure despite the current high-volatility retracement.