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Archive - 10/16/2026 - Sign In to see current Signals. |
streetTRACKS Gold Shares (GLD) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the streetTRACKS Gold Shares (GLD). During the week, the GLD gave back -2.57 points, or -0.67%, and closed at 382.01 on Friday, October 16, 2026. Weekly volume was -37% below average.
Long-term trend: [See GLD long-term trend chart] A long-term uptrend had started on December 17, 2015 at 100.23 and reached 509.70 on January 29, 2026. GLD gained -409.47 points, or -408.53%, in 528 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (179.42) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See GLD medium-term trend chart] A medium-term downtrend had started on January 29, 2026 at 509.70 and reached 363.32 on June 24, 2026. GLD lost 146.38 points, or 28.72%, in 20 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 316.59 and resistance is at 403.53. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See GLD weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 25, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See GLD short-term trend chart] A short-term downtrend had started on August 24, 2026 at 429.42 and reached 373.36 on October 14, 2026. GLD lost 56.06 points, or 13.05%, in 51 days. The chart has formed a Falling Wedge chart pattern.
Daily Technical Indicators: [See GLD daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
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| Industry |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| High |
429.42 |
| High Date |
08/24/2026 |
| Low |
373.36 |
| Low Date |
10/14/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
363.32 |
| Low Date |
06/24/2026 |
| High |
429.42 |
| High Date |
08/24/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Valid |
| Resistance |
403.53 |
| Support |
316.59 |
| High |
509.70 |
| High Date |
01/29/2026 |
| Low |
363.32 |
| Low Date |
06/24/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
150.57 |
| Low Date |
11/03/2022 |
| High |
509.70 |
| High Date |
01/29/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
290.17 |
| Support |
179.42 |
| Low |
100.23 |
| Low Date |
12/17/2015 |
| High |
509.70 |
| High Date |
01/29/2026 |
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