GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Aug-24 18:07 CT

Price Action

• Last: 304.57,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2025

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 3. Pvt. Evolve: Pvt high 317.60,
• 4. Pvt. Next: Pvt low 300.84,
• 5. Levels R: 317.63, 317.60,
• 6. Levels S: 300.84, 273.44, 228.78, 211.54.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 309.08 Down Trend,
• (Intermediate-Term) 10 Week: 310.93 Down Trend,
• (Long-Term) 20 Week: 304.17 Up Trend,
• (Long-Term) 55 Week: 273.44 Up Trend,
• (Long-Term) 100 Week: 237.74 Up Trend,
• (Long-Term) 200 Week: 205.1 Up Trend.

Overall Rating

• Short-Term: Neutral,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

GLD has recently experienced a strong multi-month rally, but price action has shifted into a consolidation phase just below the all-time highs near 317.60–317.63. Weekly bars are medium-sized, and momentum has slowed, indicating a pause after the prior uptrend. The short-term and intermediate-term trends are neutral, with the most recent swing pivot showing an uptrend but the HiLo trend flattening out. Key resistance remains at the 317.60–317.63 level, while initial support is at 300.84, with further downside levels at 273.44 and 228.78. The 20, 55, 100, and 200 week moving averages all remain in uptrends, supporting a bullish long-term structure, but the 5 and 10 week averages have turned down, reflecting the current consolidation. The overall technical picture suggests a market in digestion mode after a significant advance, with the long-term trend intact but short- and intermediate-term traders watching for a breakout or breakdown from this range. No clear directional bias is present in the short or intermediate term, and price is holding within a neutral zone, awaiting a catalyst for the next major move.