GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Aug-28 07:11 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD is consolidating near all-time highs after a strong multi-month rally, with price action showing medium-sized bars and slow momentum. The short-term swing pivot trend has shifted to a minor downtrend, but the intermediate-term HiLo trend remains up, supported by a series of higher lows and strong support at 301.60. All key moving averages (5, 10, 20, 55, 100, 200 week) are trending upward, confirming a robust long-term bullish structure. Resistance is clustered at 312.17 and 317.69, with price repeatedly testing but not breaking out above these levels, indicating a potential range-bound or consolidation phase. Support is well-defined below, with the 20-week MA and previous swing lows providing a cushion. The overall technical structure suggests a pause or digestion phase within a larger uptrend, with the market awaiting a catalyst for the next directional move. No clear breakout or breakdown is evident, and the neutral bias in the short-term Fib grid aligns with this consolidation. The long-term uptrend remains intact, with the potential for renewed momentum if resistance is decisively cleared.


Chart Analysis ATS AI Generated: 2025-08-28 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.