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

Price Action

• Last: 371.27,
• 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 Lower,
• 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, 191.78, 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

GLD is in a fast weekly corrective downswing, with price below the declining 5-, 10-, 20-, and 55-week benchmarks and below the 2026 yearly NTZ area near 400. The active pivot sequence remains bearish, defined by lower highs from 509.70 through 492.15 and 429.42, while 354.67 is the pivotal weekly swing-low reference. The broader futures-style structure remains constructive because the 100- and 200-week benchmarks are still rising; however, the current price cycle is a countertrend retracement within that longer-term uptrend. A recovery through 385.67 and the clustered 20/55-week averages would alter the short-term pivot character, while continued acceptance below the yearly grid keeps the weekly structure in a lower-high, high-volatility correction.