Gold · GLD

leading · RS ratio 105.0 · RS momentum 106.1 · 20d RS vs SPY +4.47% · last 375.51 · 2026-11-05

Versus the S&P

No residual setup. Beta 1.32. Residual z 1.38. 20-day residual +1.04%. 20-day relative high. Residual is stretched, but it is not stretched against its own residual trend. No call.

residual-fade-v0. Not a proven edge.

Last 60 closes

Window change -5.9%. Price geometry only. Not an edge claim.

RS trail

2026-10-29 · ratio 98.0 · mom 96.6
2026-10-30 · ratio 96.5 · mom 94.1
2026-11-02 · ratio 98.7 · mom 97.1
2026-11-03 · ratio 97.9 · mom 97.0
2026-11-04 · ratio 99.8 · mom 99.1