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Cycle analysis · data to 5 Nov 2026

Gold (GLD): next cycle turn due now

The measured rhythm of gold (GLD) points to a trough due now. Its two dominant cycles last about 6 and 4 months, and Next Turn re-measures them every night.

Dominant cycles116 & 75 trading days
Where it is nowFalling, getting close to the trough
Last turnpeak · 4 Sep 2026
Next projected turntrough · 6 Nov 2026 (±9 trading days)
Nov2026MarMayJulSepNov2027 cycle
The last stretch of GLD (top) and its cycle (bottom): solid up to today, dotted where it is projected. Filled dots are past turns, rings are projected ones.

Added together, the two cycles form one combined rhythm, and its turns are what this page shows. Its last turn was a peak on 4 Sep 2026. The next projected turn is a trough around 6 Nov 2026, due now. The projection is measured again every night as new data comes in, so the date is always current.

Explore the live GLD chart

More free markets: S&P 500 (SPY) cycle analysis · Nvidia (NVDA) cycle analysis · S&P 500 (SPY) realised volatility cycle analysis · Gold/silver ratio cycle analysis. Next Turn follows 113 markets with the same nightly measurement: see Premium.

Recent turns of gold (GLD)

The turns of the combined cycle over the last stretch, newest first, with the trading days since the turn before.

DateTurnTrading days since the one before
4 Sep 2026peak43
7 Jul 2026trough38
11 May 2026peak29
30 Mar 2026trough33
10 Feb 2026peak41
10 Dec 2025trough44
8 Oct 2025peak47
1 Aug 2025trough92

About GLD

GLD holds physical gold, so its daily series follows the gold price. Gold moves with interest rates, the dollar and demand for safety rather than with company earnings.

Questions about gold (GLD)

How long are the cycles of gold (GLD)?

Two: about 116 and 75 trading days, measured from the daily data and re-measured after every trading day.

When is the next turn of gold (GLD)?

The next projected turn is a trough around 6 Nov 2026, give or take about 9 trading days. Explore it on the live chart, with each cycle on its own.

How regular have the turns been?

Over the last eight turns, one came on average every 46 trading days.

How the cycles are found

A time series can be written as many waves added together. Next Turn measures which of those waves dominate the market today, how strong each one is, and where each stands in its cycle right now. The How it works page explains the idea with pictures and a little mathematics.

More markets: Silver (SLV) · Korea (EWY) · Oil (USO) · Japan (EWJ) · Taiwan (EWT) · Natural gas (UNG) · Bitcoin (GBTC) · Halliburton (HAL)

This page applies signal processing to a financial time series. It does not trade, gives no trading signals and is not investment advice. Past turns are found with hindsight. We accept no responsibility for any loss arising from the use of this site. Read the disclaimer.