GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Aug-10 18:06 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 on the weekly timeframe, with all major moving averages (5, 10, 20, 55, 100, and 200 week) trending upward, confirming robust bullish momentum in the intermediate and long-term outlooks. The most recent swing pivot is a high at 317.60, with the next key support at 290.10, indicating a wide range for potential retracement or consolidation. Price is currently consolidating below the recent highs, with momentum at an average pace and medium-sized bars, suggesting a pause after a significant rally. The neutral bias across the short-term session fib grids (WSFG, MSFG, YSFG) and the NTZ zone implies a lack of immediate directional conviction, possibly reflecting digestion of gains or awaiting new catalysts. The structure of higher highs and higher lows remains intact, and the presence of multiple support levels below current price provides a cushion for any pullbacks. Overall, the chart reflects a market in a bullish phase on larger timeframes, with short-term consolidation and no clear breakout or breakdown signal at present.


Chart Analysis ATS AI Generated: 2025-08-10 18:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.