---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000822441.md"
description: "$SPDR Gold Shares(GLD.US)Let’s discuss gold today. Have a look at GLD.Technically speaking, since the ATH end January, she has been in a downtrend which has taken price down almost 30%. However, TA speaking, price has only gone below the 23.6 retrace and is right smack where wave 4 pullbacks usually end.It is showing signs of pulling clear of the fulcrum pattern and has been in a rectangular channel for about 2 weeks. How price reacts on the upcoming rebound will be telling if the wave 4 pullback is done or this is just the A wave of that wave 4.@Captain's Treasure"
datetime: "2026-07-29T11:05:21.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000822441.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000822441.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000822441.md)
author: "[Heroic Lifesaver](https://longbridge.com/en/profiles/21630362.md)"
generator: "portal-rs"
---

# $SPDR Gold Shares(GLD.US)Let’s discuss gold today.…


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