# GLD Closes Below October Pivot

> GLD drops four days under October pivot as monthly target looms.
- Title: GLD Closes Below October Pivot · TradingView | Shortify
- Summary: GLD drops four days under October pivot as monthly target looms. GLD closed below its October pivot for four consecutive days, with the next target at 358.55.
- Keywords: glg, spdr gold shares, october pivot, monthly target, tradingview, volatility, business, finance, GLD, Closes, Below, October
- Source: TradingView — https://tradingview.com/chart/GLD/fjMc1fCu-GLD-four-closes-under-its-October-pivot-monthly-target-next
- Published: 2026-10-23T12:54:10+00:00
- Read time: 1 min
- Topics: glg, spdr gold shares, october pivot, monthly target, tradingview, volatility, business, finance
## GLD closes below October pivot
GLD closed Thursday at 369.02, its fourth daily close under the October pivot at 381.91.
## Monthly target next
The next level below is the monthly target at 358.55, with a daily close above 381.91 needed to reverse the trend.
## Trend analysis
Gold has been trading with tech this month rather than against it, according to the analyst.
## Key takeaway

GLD closed below its October pivot for four consecutive days, with the next target at 358.55.