StockInvest flags GLD as "within a wide and falling trend" and early summer is historically gold's weakest season. Today's FOMC is expected to deliver a hawkish dot-plot shift (no 2026 cut, members eyeing hikes) under Warsh, which pushes real yields up — a direct headwind that should fade GLD's 2-day bounce to 397.63 from the 6/10 low of 374.58.