GoldGLD
Auto-detected technical analysis for GLD · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
GLD is breaking down from a rising wedge — a sign the recent run may be rolling over.
As long as price stays below $385.2, it's in play — if it trades back above there, the trade is over.
The move's natural target sits near $315.5.
GLD is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 2026.
New to this pattern? What a falling wedge is and how to trade it →
GLD's most recent completed falling wedge resolved as a loss: it broke higher on Oct 9, 2026 near $383.98, then was stopped out at $368.94 on Oct 23, 2026 — a 3.9% move (-1.54R) over 10 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.
Every completed pattern trade our nightly backtest found on GLD's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Oct 9, 2026 @ $383.98 | Oct 23, 2026 @ $368.94 | Loss | +3.3% · -1.54R |
| Falling wedge | Sep 28, 2026 @ $379.76 | Oct 30, 2026 @ $355.22 | Win | +7.2% · +1.05R |
| Triangle | Aug 5, 2026 @ $386.89 | Aug 19, 2026 @ $408.81 | Win | +3.0% · +1.20R |
| Triangle | Jul 24, 2026 @ $372.40 | Jul 29, 2026 @ $368.29 | Loss | +8.1% · -2.20R |
| Falling wedge | Jul 21, 2026 @ $374.83 | Aug 19, 2026 @ $408.81 | Win | +7.3% · +3.03R |
| Falling wedge | Jun 5, 2026 @ $398.41 | Jun 10, 2026 @ $378.00 | Win | +5.1% · +0.87R |
| Triangle | Jun 5, 2026 @ $400.33 | Aug 21, 2026 @ $421.82 | Loss | +26.6% · -1.00R |
| Triangle | May 8, 2026 @ $435.19 | May 15, 2026 @ $417.64 | Loss | +14.7% · -3.14R |
| Triangle | May 7, 2026 @ $436.57 | May 18, 2026 @ $419.82 | Loss | +15.0% · -0.90R |
| Rising wedge | Jan 12, 2026 @ $423.45 | Feb 2, 2026 @ $434.01 | Win | +10.9% · +0.62R |
| Triangle | Jul 30, 2025 @ $304.20 | Aug 29, 2025 @ $316.24 | Loss | +7.5% · -1.00R |
| Triangle | Jul 25, 2025 @ $307.17 | Aug 29, 2025 @ $316.24 | Loss | +9.7% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $380.43 about 7 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $486.05 — still about 19% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $422.24 | $424.79 | $407.62 | $408.89 |
| Aug 27, 2026 | $420.82 | $423.35 | $418.43 | $422.60 |
| Aug 26, 2026 | $423.00 | $424.95 | $420.31 | $421.32 |
| Aug 25, 2026 | $422.78 | $428.14 | $422.33 | $428.07 |
| Aug 24, 2026 | $428.55 | $429.42 | $424.20 | $426.69 |
| Aug 21, 2026 | $420.53 | $424.89 | $419.42 | $423.36 |
| Aug 20, 2026 | $410.08 | $416.45 | $409.82 | $415.26 |
| Aug 19, 2026 | $408.81 | $414.00 | $407.47 | $413.84 |
| Aug 18, 2026 | $402.55 | $404.32 | $397.87 | $398.55 |
| Aug 17, 2026 | $402.34 | $406.23 | $402.18 | $405.49 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.