GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Nov-09 07:42 CT

Price Action

• Last: 354.67,
• 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 389.37,
• 5. Levels R: 509.70, 492.15, 429.42,
• 6. Levels S: 354.67, 291.78, 236.13, 211.54, 210.71, 168.30.

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 reflects a fast weekly liquidation leg from the 429.42 pivot-high area into the 354.67 pivot low, producing a short-term and intermediate-term lower-high/lower-low structure. Price is beneath the declining 5, 10, 20, and 55-week benchmarks and below the 2026 yearly NTZ, confirming counter-trend pressure within the broader advance. The 354.67 area aligns closely with the declining 100-week benchmark and is the immediate structural pivot; 389.37 is the reversal threshold for a new short-term pivot high. The 200-week benchmark remains upward-sloping well below price, preserving the longer-term bullish market structure despite the current weekly correction.