Gold Shares(GLD)

Gold Shares (GLD) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for GLD · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$379.12last close · Jul 22, 202652-week range $300.95 – $509.70 · 25.62% below the high

Falling Wedge · playing out now

GLD just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 43% of the time.

As long as price stays above $363.3, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $402.2 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

GLD Falling Wedge Pattern

GLD is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$397.07Projected move+8.1%Breakout level$367.48

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

GLD win rate

38.9%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

GLD Pattern Trade History

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	Jun 5, 2026 @ $401.49	Jun 10, 2026 @ $378.35	Win	+6.0% · +1.14R
Triangle	Mar 17, 2026 @ $457.37	Jun 10, 2026 @ $377.33	Win	+19.4% · +3.34R
Bullish Pennant	Feb 27, 2026 @ $480.75	Mar 13, 2026 @ $460.84	Loss	+20.6% · -1.18R
Bullish Pennant	Nov 26, 2025 @ $381.99	Jan 30, 2026 @ $444.95	Win	+12.0% · +4.67R
Triangle	Jan 15, 2025 @ $248.21	Feb 25, 2025 @ $268.62	Win	+7.8% · +2.37R
Rising Wedge	Sep 12, 2024 @ $234.94	Oct 4, 2024 @ $245.00	Win	+5.5% · +1.57R
Triangle	Aug 16, 2024 @ $229.99	Oct 4, 2024 @ $245.00	Win	+6.0% · +1.52R
Triangle	Jul 5, 2024 @ $219.58	Jul 19, 2024 @ $221.73	Win	+3.4% · +0.29R
Triangle	Feb 12, 2024 @ $186.60	Mar 1, 2024 @ $192.89	Loss	+4.5% · -1.32R
Rising Wedge	Jan 17, 2024 @ $187.16	Mar 1, 2024 @ $192.89	Loss	+5.4% · -1.46R
Rising Wedge	Dec 8, 2023 @ $185.93	Dec 27, 2023 @ $192.59	Loss	+8.5% · -1.03R
Rising Wedge	Dec 27, 2022 @ $170.18	Jan 27, 2023 @ $179.22	Win	+2.9% · +1.78R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

ALNYAlnylam Pharmaceuticals

Winning trade · +18.8%

Opened Feb 6, 2026

Closed Jul 22, 2026

Open ALNY’s live chart →

Open BA’s live chart →

BDXBecton Dickinson

Winning trade · +2.8%

Opened Jun 25, 2026

Closed Jul 21, 2026

Open BDX’s live chart →

HIIHuntington Ingalls Industries

Winning trade · +13.1%

Opened Jun 1, 2026

Closed Jul 21, 2026

Open HII’s live chart →

Learn about falling wedge

GLD Support and Resistance Levels

Price found a floor near $373.64 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $486.05 — still about 28% away.

Traders commonly watch $486.05 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on yet — the spot to watch is right at the $373.64 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

GLD Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$379.07	$382.22	$378.83	$379.12
Jul 21, 2026	$371.70	$375.01	$371.07	$374.81
Jul 20, 2026	$367.79	$368.79	$366.80	$367.60
Jul 17, 2026	$364.11	$369.21	$363.60	$368.41
Jul 16, 2026	$367.45	$368.43	$364.05	$364.96
Jul 15, 2026	$372.11	$374.49	$369.50	$372.35
Jul 14, 2026	$374.53	$376.28	$370.92	$372.15
Jul 13, 2026	$372.77	$372.89	$365.77	$367.13
Jul 10, 2026	$375.00	$377.55	$373.70	$377.01
Jul 9, 2026	$378.51	$379.65	$377.41	$378.18

GLD Frequently Asked Questions

What chart pattern is GLD forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Gold Shares (GLD) on the daily chart, with a measured-move target of $397.07.

Is a falling wedge bullish or bearish?

The falling wedge detected on GLD is a bullish pattern, projecting a measured-move target of $397.07. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if GLD's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $397.07 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was GLD's closing price on Jul 22, 2026?

Gold Shares (GLD) last closed at $379.12 on Jul 22, 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.