GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Aug-17 18:05 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 recent 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, with multiple support levels below, the nearest being 291.08. The current price action suggests a period of consolidation or digestion after the recent advance, with no immediate signs of reversal. The neutral bias on the session fib grids indicates a pause in directional conviction, but the underlying trend remains intact. This environment is characterized by trend continuation with potential for pullbacks to support, typical of a strong trending market pausing before its next move.


Chart Analysis ATS AI Generated: 2025-08-17 18:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.