GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Aug-03 18:07 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD continues to exhibit a strong uptrend across all timeframes, with price consolidating near all-time highs after a significant rally. The swing pivot structure shows a series of higher highs and higher lows, confirming bullish momentum. All benchmark moving averages are trending upward, reinforcing the strength of the long-term trend. Resistance is established at 317.63 and 309.11, with key support levels at 298.20 and further below, indicating a well-defined trading range. The current price action suggests a period of consolidation or digestion after a strong advance, with no immediate signs of reversal. The neutral bias on the session fib grids reflects this consolidation phase, but the underlying trend remains firmly bullish. Volatility may persist as the market tests resistance and support zones, but the overall structure favors trend continuation unless a significant breakdown occurs.


Chart Analysis ATS AI Generated: 2025-08-03 18:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.