Argus

β€’

May 08, 2026

Intermediate Term

Long Term

Summary

The Gold Shares ETF (GLD) remains in a downtrend we cannot say if the correction is complete. So far, a three-wave ABC decline is in place, possibly completing the decline. But perhaps there is a five-wave decline in the works. If there is another wave lower, the slowly rising 200-day exponential average lies at $398, while chart support sits in the $360-$400 ra

Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level

Sign in to access your portfolio