Auto-detected technical analysis for GLD · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$368.38last close · Jun 30, 2026
GLD falling wedge pattern
GLD is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.
A Falling Wedge usually breaks higher, but GLD is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $378.35 (−6.0%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R.
GLD's most recent completed Falling Wedge (which broke against type) resolved as a win: it broke down on Jun 5, 2026 near $396.24, then reached its target at $378.35 on Jun 10, 2026 — a +0.70R move (4.5%) over 3 sessions. Across 53 backtested falling wedges, this setup wins 60.4% of the time.
OutcomeWinResult+0.70REntry$396.24Exit$378.35
How falling wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
GLD support and resistance levels
On the weekly chart, the nearest level worth watching is a ceiling overhead near $534.08 — where price has stalled before.
There's no clear floor close by yet, so this one line is the main thing to watch — a ceiling often acts like a lid.
Watch how price behaves as it approaches $534.08 — that's where the next read tends to form.
Nearest auto-detected resistance near $374.32. These are chart/swing-derived levels, not formula pivots.
Resistance
$374.32$379.98$497.47$528.97$529.53$549.39
GLD recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$369.22
$372.83
$368.26
$368.38
Jun 29, 2026
$370.58
$371.19
$366.97
$368.58
Jun 26, 2026
$372.27
$375.85
$371.18
$373.63
Jun 25, 2026
$368.99
$371.04
$366.80
$369.46
Jun 24, 2026
$364.81
$370.90
$363.32
$365.92
Jun 23, 2026
$377.72
$380.35
$377.17
$377.32
Jun 22, 2026
$384.25
$386.41
$382.64
$384.59
Jun 18, 2026
$391.24
$392.50
$385.60
$387.12
Jun 17, 2026
$397.82
$402.04
$387.08
$388.60
Jun 16, 2026
$397.83
$398.96
$395.82
$397.63
GLD frequently asked questions
What chart pattern is GLD forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Gold Shares (GLD) on the daily chart, with a measured-move target of $378.35.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on GLD is a bearish pattern, projecting a measured-move target of $378.35. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for GLD?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), GLD's nearest support is around n/a and nearest resistance around $374.32.
What is the price target if GLD's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $378.35 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GLD's closing price on Jun 30, 2026?
Gold Shares (GLD) last closed at $368.38 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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