Spdr Gold Shares ETF Forecast

Sell candidate since Jul 16, 2026 Gain 0.95%

The SPDR Gold Shares ETF price gained 0.95% on the last trading day (Friday, 17th Jul 2026), rising from $364.96 to $368.41. During the last trading day the ETF fluctuated 1.54% from a day low at $363.60 to a day high of $369.21. The price has been going up and down for this period, and there has been a -2.57% loss for the last 2 weeks. Volume fell on the last day by -3 million shares and in total, 6 million shares were bought and sold for approximately $2.10 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -16.69% during the next 3 months and, with a 90% probability hold a price between $303.03 and $314.61 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

GLD Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, July 16, 2026, and so far it has risen 0.95%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The SPDR Gold Shares ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $371.46 and $384.71. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for SPDR Gold Shares ETF

SPDR Gold Shares finds support from accumulated volume at $367.13 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $5.61 between high and low, or 1.54%. For the last week the ETF has had daily average volatility of 1.50%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GLD) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect SPDR Gold Shares to open at $367.07, and during the day (based on 14 day Average True Range), to move between $364.60 and $372.22, which gives a possible trading interval of +/-$7.63 (+/-2.09%) up or down from last closing price. If SPDR Gold Shares takes out the full calculated possible swing range there will be an estimated 2.09% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $367.13 (0.35%) than the resistance at $374.58 (1.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is SPDR Gold Shares ETF A Buy?

SPDR Gold Shares holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -2.270 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 20, 2026 - $367.07 ( 0.363%).

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