GLD SPDR Gold Shares Daily Chart Analysis: 2026-Nov-08 18:05 CT

Price Action

• Last: 372.30,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

• Intermediate-Term
• MSFG Current: Above NTZ,
• F0%/NTZ' Bias: Price Bullish,
• MSFG Trend: UTrend.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 378.97,
• 4. Pvt. Next: Pvt low 368.51,
• 5. Levels R: 509.70, 492.15, 438.70, 437.40, 429.42,
• 6. Levels S: 364.67, 305.19, 300.85, 299.89, 291.78.

Daily Benchmarks

• (Short-Term) 5 Day: 364.93 Up Trend,
• (Short-Term) 10 Day: 367.35 Up Trend,
• (Intermediate-Term) 20 Day: 373.80 Up Trend,
• (Intermediate-Term) 55 Day: 382.23 Down Trend,
• (Long-Term) 100 Day: 385.56 Down Trend,
• (Long-Term) 200 Day: 411.64 Down Trend.

Additional Metrics

• ATR: 23.00,
• VOLMA: 12.00M.

Overall Rating

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

Key Insights Summary

The gold-futures directional backdrop shows a fast short-term recovery from the 354.67 swing-low area, with price reclaiming the rising 5-day and 10-day benchmarks and trading above the November monthly NTZ. The rebound remains counter-trend on the broader daily structure: both Pivot Trend and HiLo Trend remain in DTrend, while price is still below the declining 55-day, 100-day, and 200-day averages. The 373.80 20-day benchmark and 378.97 pivot-high area define the immediate overhead technical zone, while 368.51 is the active pivot-reversal reference and 364.67 is the nearest major support. Volatility remains elevated with ATR near 23, consistent with wide daily rotations and a sharp V-shaped recovery rather than a mature trend continuation.