The Greedy Trader Weekly Analysis
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- 3/13/2026 -
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streetTRACKS Gold Shares (GLD) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :The price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the streetTRACKS Gold Shares (GLD). During the week, the GLD dropped -12.67 points, or -2.68%, and closed at 460.84 on Friday, March 13, 2026. It was the worst weekly loss since January 30, 2026. Weekly volume was -29% 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 (175.04) 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 uptrend had started on November 3, 2022 at 150.57 and reached 509.70 on January 29, 2026. GLD gained -359.13 points, or -238.51%, in 169 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (271.71) 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 medium-term trend.

Weekly Technical Indicators: [See GLD weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since September 5, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See GLD short-term trend chart]
A short-term uptrend had started on November 14, 2024 at 236.10 and reached 509.70 on January 29, 2026. GLD gained -273.60 points, or -115.88%, in 441 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 407.09 and resistance is at 474.72. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See GLD daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since March 2, 2026.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.16
Williams' Percentage Range (W%R) 45.60
Lane's Stochastic (%D-Slow) 43.38
Greed/Fear Indicator (GFI) 45.32
Moving Average Converg./Diverg. (MACD) 7.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.30
Williams' Percentage Range (W%R) 27.00
Lane's Stochastic (%D-Slow) 64.60
Greed/Fear Indicator (GFI) 64.84
Moving Average Converg./Diverg. (MACD) 32.40
Trading Signals
Description Value Chart
Upper Bollinger Band 487.16
Parabolic System 484.80
Weekly Stochastic Crossing 477.72
Weekly Trendline Resistance 474.72
20 Day Moving Average 470.59
Daily Stochastic Crossing 468.45
Price 460.84
50 Day Moving Average 452.52
Lower Bollinger Band 449.10
Weekly Trendline Support 407.09
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 422.55
Low Date 02/02/2026
High 492.15
High Date 03/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 474.72
Support 407.09
Low 236.10
Low Date 11/14/2024
High 509.70
High Date 01/29/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 348.57
Support 331.20
Low 168.30
Low Date 10/05/2023
High 509.70
High Date 01/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 295.94
Support 271.71
Low 150.57
Low Date 11/03/2022
High 509.70
High Date 01/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 280.94
Support 175.04
Low 100.23
Low Date 12/17/2015
High 509.70
High Date 01/29/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.