GLD SPDR Gold Shares Daily Chart Analysis: 2025-Oct-08 07:10 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

GLD is exhibiting a strong bullish trend across all timeframes, with price action characterized by large, fast momentum bars and a clear uptrend in both short- and intermediate-term swing pivots. All benchmark moving averages are trending upward, confirming the strength of the move. The most recent swing high at 366.26 sets a new resistance, while support levels are well below current price, indicating a significant extension from prior consolidation zones. The ATR is elevated, reflecting increased volatility, and volume is robust, supporting the move. The chart shows a classic breakout and trend continuation pattern, with higher highs and higher lows, and no immediate signs of reversal or exhaustion. The environment is supportive of trend-following strategies, with the market in a strong rally phase after breaking out of a prolonged consolidation. No significant counter-trend signals are present, and the technical structure remains firmly bullish.


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