SPDR Gold Shares (GLD) ETF — Weekly technical analysis | 7-11 Sep 2026
GLD
SPDR Gold Shares
Weekly technical analysis of the SPDR Gold Shares (GLD) ETF: IQS 34/100. Structure, momentum and trading levels for swing trading updated 11 Sep 2026.
SCORE IQS Lite
34/100
Weekly Structure 20
Daily Momentum 3
Weekly Ichimoku 5
Daily CMF 3
Delta 3
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · SPDR Gold Shares (GLD · ISIN US78463V1070)
Weekly Structure
At 20/30 structure is solid: moving averages aligned and underlying trend intact.
Daily Momentum
At 3/35 momentum is absent: flat or negative daily impulse, no acceleration.
Weekly Ichimoku
At 5/19 Ichimoku is neutral: price inside the cloud, lines unsupportive, no bias.
Daily CMF
At 3/6 CMF is neutral: balance between capital inflows and outflows.
Delta
At 3/10 the week is slightly negative: close between -2% and 0%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
GLD is in a stretched phase of the cycle (IQS 62) with structural compression underway. Awaiting confirmation is the priority: the divergence between fading daily momentum and weekly strength requires a decisive breakout. Inflows sustain bullish interest, though the orange flag signals caution.
This week's view by AiTrading67.com
Gold remains in a structural consolidation phase, with daily momentum very weak and oscillators firmly in the neutral zone. The weekly structure shows MACD in bullish fading mode, while price holds squarely within the technical neutral zone. Awaiting confirmation of a clear breakout remains the priority before any directional entry is considered.
Chart SPDR Gold Shares (GLD) · 12-month trend
Over the past week the stock shed 2.0%; over twelve months it is up 17.6%.
Weekly Structure
Weekly RSI
Neutral
Weekly MACD · Status
B — Bullish but slowing
Positive histogram contracting
Weekly EMA50
Tight
Price very close to the weekly MA
Weekly EMA Stack
Partial stack
MAs not aligned
In CloudT-K-
Daily Momentum
Daily ADX / DMI
Weak
−DI dominates +DI
Daily RSI
Neutral
Capital Flow (CMF)
Neutral
Daily MACD · Status
D — Deterioration
Daily Stochastic
Oversold
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum is broadly weakened: the main indicator (MACD) signals loss of upside strength, stochastic is in oversold territory, and selling pressure (-DI) clearly controls buying strength (+DI). There is no true trend direction (weak ADX), and oscillators (RSI, CMF) remain in the neutral zone. The moving average cross is mature, confirming fatigue: the overall picture is one of exhaustion, where gold has depleted its energy and awaits stabilization.
Weekly market overview
global ETFs Market Pulse →Platinum edition
See the Platinum analysis of GLD →
The weekly structure remains in balance: the EMA50 sits in a tight range, moving averages are not fully aligned, and MACD shows bullish momentum that is fading. The RSI is in the neutral zone with no directional push, while Ichimoku keeps price inside the cloud in structural indecision. Overall, the technical architecture suggests waiting for directional clarity.