Gold Shares(GLD)

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

Auto-detected technical analysis for GLD · data as of Aug 14, 2026. The chart above is live; the read below updates daily.

$401.48last close · Aug 14, 202652-week range $305.19 – $509.70 · 21.23% 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 38% of the time.

As long as price stays above $363.6, 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 Aug 14, 2026.

DirectionBullishTarget$402.23Projected move+9.3%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

55.2%

Avg return

+0.33R

Backtested trades

8,372

GLD win rate

29.4%

Historical pattern statistics (2006-08-14 – 2026-08-14), 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	+1.14R
Triangle	Mar 18, 2026 @ $446.66	Jun 10, 2026 @ $376.96	Win	+2.01R
Bullish Pennant	Feb 27, 2026 @ $480.75	Mar 13, 2026 @ $460.84	Loss	-1.18R
Bullish Pennant	Nov 26, 2025 @ $381.99	Jan 30, 2026 @ $444.95	Win	+4.67R
Triangle	Jan 16, 2025 @ $250.56	Feb 25, 2025 @ $268.62	Win	+1.64R
Rising Wedge	Sep 13, 2024 @ $238.13	Oct 4, 2024 @ $245.00	Win	+0.71R
Triangle	Aug 19, 2024 @ $230.15	Oct 4, 2024 @ $245.00	Win	+1.48R
Triangle	Jul 5, 2024 @ $219.58	Jul 19, 2024 @ $221.73	Win	+0.29R
Triangle	Feb 13, 2024 @ $185.35	Mar 1, 2024 @ $192.89	Loss	-1.25R
Rising Wedge	Jan 18, 2024 @ $186.36	Mar 1, 2024 @ $192.89	Loss	-1.38R
Rising Wedge	Dec 8, 2023 @ $185.46	Dec 27, 2023 @ $192.59	Loss	-1.03R
Rising Wedge	Jan 3, 2023 @ $171.32	Jan 27, 2023 @ $179.22	Win	+1.27R

Recent Falling Wedges on Other Charts

TJXstopped −2.5%Aug 14, 2026 ASMLstopped −8.5%Aug 13, 2026 QQQstopped −6.9%Aug 13, 2026 QQQMstopped −6.9%Aug 13, 2026

Learn about falling wedge

GLD Support and Resistance Levels

Price is bouncing off a floor near $372.93 and starting to climb. On the weekly chart, the next ceiling overhead sits near $486.05 — about 21% 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 here — the spot to watch was the $372.93 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $377.40, resistance near $504.84. These are chart/swing-derived levels, not formula pivots.

Resistance

$504.84

Support

$377.40$288.09

GLD Recent Daily Prices

Date	Open	High	Low	Close
Aug 14, 2026	$402.18	$403.33	$400.94	$401.48
Aug 13, 2026	$402.17	$402.58	$398.28	$398.96
Aug 12, 2026	$405.31	$407.36	$403.22	$404.92
Aug 11, 2026	$403.44	$404.03	$399.89	$400.96
Aug 10, 2026	$397.71	$403.24	$395.93	$402.54
Aug 7, 2026	$399.60	$400.66	$396.95	$398.47
Aug 6, 2026	$389.50	$392.12	$387.27	$389.67
Aug 5, 2026	$384.96	$391.51	$384.32	$389.64
Aug 4, 2026	$374.14	$376.69	$373.71	$374.16
Aug 3, 2026	$370.10	$372.04	$368.64	$371.71

GLD Frequently Asked Questions

What chart pattern is GLD forming right now?

As of Aug 14, 2026, TradingPal's detector identifies a falling wedge on Gold Shares (GLD) on the daily chart, with a measured-move target of $402.23.

Is a falling wedge bullish or bearish?

The falling wedge detected on GLD is a bullish pattern, projecting a measured-move target of $402.23. 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 (8,372 trades over 631 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.33R. 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 Aug 14, 2026), GLD's nearest support is around $377.40 and nearest resistance around $504.84.

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

The detected falling wedge has a geometry-based measured-move target of $402.23 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was GLD's closing price on Aug 14, 2026?

Gold Shares (GLD) last closed at $401.48 on Aug 14, 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.