GLD

SPDR Gold Shares

BUY Swing 50% confidence

Entry Zone
378-382

Target
$415.00

Stop Loss
$365.00

Reasoning

Technical indicators suggest a bullish reversal as the price is bouncing off a historically significant support level with a bullish engulfing candle. The RSI is nearing oversold territory, providing a potential entry point for a swing trade.

Key Drivers

support bounce, bullish engulfing candle, RSI nearing oversold

Risk Factors

failure to maintain support, lack of recent market sentiment, macroeconomic volatility

Generated 2026-10-01 04:11 UTC · Expires 2026-10-02 04:11 UTC

Fundamentals

Technical Signals

Support Bounce BULLISH Strength 0.50
RSI nearing oversold (39); Bullish engulfing candle near support; Support touched 16x before

2026-10-01 12:54
Support Bounce BULLISH Strength 0.50
RSI nearing oversold (39); Bullish engulfing candle near support; Support touched 16x before

2026-10-01 06:39

Source Mentions

By Date ▼

YouTube Neutral 0.00 30% confidence

Source: Trading The Close | September 28, 2026

.25%), Potential support around 5.021% to 5.289%. - Gold (GLD): Support at $4,104, Resistance around $4,180 (previous tre

2026-09-26
YouTube Neutral 0.00 30% confidence

Source: Trading The Close | September 22, 2026

ly chart consolidation, Resistance - Recent highs - Gold (GLD): Support - $4,332 (inclining parallel channel) - Silver

2026-09-22
YouTube Neutral 0.00 30% confidence

Source: Trading The Close | September 15, 2026

al consolidation range between 5.021% and 4.809%. - Gold (GLD): Support at bottom range of inclining parallel channel (ar

2026-09-15
YouTube Neutral 0.00 30% confidence

Source: Markets Rally on Fed Signal: CPI Next Big Test Ahead!

s (SMH): Resistance at $569.65, support at $533.91. - Gold (GLD): Resistance at $4,575, support at $4,471. - Silver (SLV):

2026-09-03
YouTube Neutral 0.00 30% confidence

Source: SPY Support Bounce Delivers As Yields Surge Past 4.8 Percent

% area of parallel around $287, resistance at $297. - Gold (GLD): Support at fib retrace around $1733, resistance at parall

2026-09-02
YouTube Neutral 0.00 30% confidence

Source: Trading The Close | August 27, 2026

0-year Yield: No specific price levels mentioned. - Gold (GLD): Support - $4,575. - **Key Trading Strategy:** - Focus

2026-08-27
YouTube Neutral 0.00 30% confidence

Source: 10 Year Yield Surge Pressures Markets Following Bessent Debt Buybacks

4.809, potential breakout target in the 7% range. - Gold (GLD): Support at $4,575, resistance at $4,575. - Silver (SLV)

2026-08-20
YouTube Neutral 0.00 30% confidence

Source: Trading The Close | August 11, 2026

$729.36 - SMH: Resistance - $773.41 (all-time high) - Gold (GLD): Resistance - $4,333, Support - $4,237 - Silver (SLV): Sup

2026-08-11
YouTube Neutral 0.00 30% confidence

Source: Trading The Close | August 5, 2026

clining trend line), Support not clearly defined. - Gold (GLD): Support at $4,213 (parallel channel), Resistance at today

2026-08-05
YouTube Neutral 0.00 30% confidence

Source: Trading The Close | July 28, 2026

10-year Yield: Support at 4.543%, Resistance at 4.715% - GLD (Gold ETF): Resistance at $177.50 (trendline) - SLV (Silv

2026-07-28