GLD SPDR Gold Shares Daily Chart Analysis: 2025-Aug-01 07:10 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

GLD is currently experiencing a short-term downtrend, as indicated by the recent pivot low and all short-term and intermediate-term moving averages trending down. Price has pulled back to the 55-day MA and is testing a key support zone near 299.89, with the next major support levels at 290.96 and 272.58. Resistance remains overhead at 307.97 and the cluster of swing highs in the 316–317 range. Intermediate-term structure is still holding an uptrend, suggesting the broader move remains constructive, but the current momentum is slow and the market is consolidating after a previous rally. Volatility is moderate, and volume is steady but not signaling a major breakout or breakdown. The long-term trend remains bullish, supported by the 100- and 200-day MAs, which are still rising. The market is in a corrective phase within a larger uptrend, with price action reflecting a choppy, range-bound environment as it digests prior gains. No clear directional bias from the session fib grids, reinforcing the neutral stance in the intermediate and long-term outlooks.


Chart Analysis ATS AI Generated: 2025-08-01 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.