GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Aug-07 07:10 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 bullish structure across all timeframes, with price action maintaining above all key moving averages and the most recent swing pivots confirming higher highs and higher lows. The current price is consolidating just below the recent resistance at 317.63, with the most recent pivot high at 301.67 and next support at 290.16. All benchmark moving averages are in uptrends, reinforcing the underlying strength. The neutral bias in the session fib grids suggests a pause or digestion phase after a significant rally, but the overall trend remains intact. The market is in a consolidation zone near highs, with no immediate signs of reversal, and volatility appears contained. This environment is typical of a strong uptrend taking a breather, with the potential for either a breakout continuation or a deeper pullback to test lower support levels.


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