SPDR Gold Shares (GLD) Stock Price & Analysis
Market: AMEX • Sector: Financial Services • Industry: Asset Management
SPDR Gold Shares (GLD) Profile & Business Summary
The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.
Key Information
| Ticker | GLD |
|---|---|
| Exchange | AMEX |
| Official Site | https://www.spdrgoldshares.com/usa |
Market Trend Overview for GLD
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-07-13 (ET)
As of 2026-07-13, GLD is showing signs of slowing down. Over the longer term, the trend remains bullish.
GLD last closed at 367.13. The price is about 1.2 ATR below its recent average price (383.20), and the market is currently in a trend that may be losing strength. Price at 367.13 is near minor support around 363.32. Momentum may slow, while minor resistance sits near 375.85. View Support & Resistance from Options
Short-term weakness is unfolding within a broader uptrend, suggesting a pullback rather than a full trend reversal.
Trend score: 55 out of 100. Overall alignment is unclear. The market is currently in a late-stage trend that may be losing strength. The longer-term trend is still positive, but short-term signals are not yet confirming it.
There is no clear key risk boundary right now.
On 2026-04-29, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.
[2026-07-07] Price moved quickly and looked strong, but participation was limited.
Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.
There was no clear sign of meaningful positions being carried into the overnight session.
The model sees a bearish edge, but still treats it as a selective downside setup rather than an aggressive downside call.
Up probability is only 41.5%, with predictability at 55% and agreement at 88%. Reversal risk is 19%, while reward/risk stands at -0.21. That suggests downside pressure is present, while the setup still remains selective rather than extreme.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is modestly below the recent estimated cost basis of 376.91, so the recent structure is still leaning somewhat under pressure. Price is below the main cost band (373.63 to 379.66), and roughly 93% of recent positioning remains under water. That means rebounds can still run into supply from trapped holders. The higher up selling area sits around 372.08 to 372.47, so rebounds may begin to slow as price pushes into that zone. The main cost band is fairly wide relative to recent ATR, so this structure may behave less cleanly than a tighter setup. From a trading point of view, this setup remains tougher until price can reclaim the lower edge of the main cost band near 373.63.