---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000807413.md"
description: "$SPDR Gold Shares(GLD.US)Let’s have a look at Gold’s chart and its price action. Since what looks like a local low on 24th June, Gold has held those lows and seems to have successfully retested it rebounding off the avwap at 365. If the price firms up and rallies from here, the bottom might be in. On a side note, price has made 3 waves off the ATH and a full 5 waves looks complete for the C wave. In other words, the fourth wave looks complete in terms of price and time. @Captain's Treasure"
datetime: "2026-07-21T10:09:37.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000807413.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000807413.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000807413.md)
author: "[Heroic Lifesaver](https://longbridge.com/en/profiles/21630362.md)"
generator: "portal-rs"
---

# $SPDR Gold Shares(GLD.US)Let’s have a look at Gold…


### Related Stocks

- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md)
- [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md)

## Comments (2)

- **Zanessa · 2026-07-21T11:28:21.000Z**: the retest holding around 365 is the level i actually care about, lose that and the whole count breaks. you in already or waiting for the reclaim?
  - **Heroic Lifesaver** (2026-07-21T11:45:01.000Z): I have already layered in and positioned myself early on the third wave of C. Have been layering into silver on the fifth wave instead of Gold. Silver is highly correlated to gold albeit higher beta a


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**