GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Oct-07 07:12 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD is exhibiting a strong bullish structure across all timeframes, with price action characterized by large, fast-momentum bars pushing to new highs. The swing pivot trend is firmly up, with the most recent pivot high at 364.38 and the next potential support at 350.26, indicating a robust uptrend with higher highs and higher lows. All benchmark moving averages are trending upward, confirming sustained strength and trend alignment from short to long term. Resistance levels are being broken, and support levels are well below current price, suggesting little immediate overhead supply. The neutral bias in the session fib grids reflects a lack of significant retracement zones, reinforcing the dominance of the current trend. This environment is typical of a strong breakout or continuation phase, often seen in trending markets with minimal pullbacks. For a futures swing trader, the technical landscape points to persistent bullish momentum, with the potential for further upside as long as the trend structure and moving averages remain intact.


Chart Analysis ATS AI Generated: 2025-10-07 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.