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

Price Action

• Last: 354.67,
• 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: 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 389.37,
• 5. Levels R: 509.70, 492.15, 429.42,
• 6. Levels S: 354.67, 291.78, 236.13, 211.54, 191.78.

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: 385.89 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 decline from the 429.42 pivot high, with declining short- and intermediate-term benchmarks confirming a bearish countertrend phase. Price is testing the 354.67 pivot-low/100-week benchmark area after falling beneath the yearly F0% zone near 400. The larger structural trend remains constructive because the 100- and 200-week benchmarks retain upward slopes, but the current swing sequence is lower highs and lower lows. A recovery through 389.37 would define the next upside pivot threshold, while 291.78 is the next major lower swing-support reference beneath the current low.