Spdr Gold Shares ETF Forecast

Hold candidate since Jul 20, 2026

The SPDR Gold Shares ETF price fell by -0.220% on the last day (Monday, 20th Jul 2026) from $368.41 to $367.60. During the last trading day the ETF fluctuated 0.555% from a day low at $366.76 to a day high of $368.79. The price has fallen in 6 of the last 10 days and is down by -3.8% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -2 million shares and in total, 4 million shares were bought and sold for approximately $1.43 billion.

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 -16.59% during the next 3 months and, with a 90% probability hold a price between $302.36 and $314.35 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

There are mixed signals in the ETF today. 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 $369.94 and $383.42. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Thursday, July 16, 2026, and so far it has risen 0.723%. 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).

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 $2.03 between high and low, or 0.555%. For the last week the ETF has had daily average volatility of 1.22%.

Our recommended stop-loss: $346.43 (-5.76%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (GLD) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect SPDR Gold Shares to open at $367.71, and during the day (based on 14 day Average True Range), to move between $363.99 and $371.21, which gives a possible trading interval of +/-$7.21 (+/-1.98%) up or down from last closing price. If SPDR Gold Shares takes out the full calculated possible swing range there will be an estimated 1.98% 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 (0.13%) than the resistance at $374.58 (1.90%), 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 positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: -0.267 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 21, 2026 - $367.71 ( 0.0312%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk