GLD SPDR Gold Shares Daily Chart Analysis: 2025-Oct-10 07:11 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

GLD has recently experienced a sharp rally, with price action showing large bars and fast momentum, but the latest swing pivot has shifted to a short-term downtrend (DTrend) after printing a new pivot high at 373.57. The immediate resistance is at 373.57 and 370.05, while support levels are well below at 333.81, 326.19, and 299.89, indicating a wide range for potential retracement. Short-term moving averages (5 and 10 day) have turned down, confirming the short-term bearish reversal, while intermediate and long-term moving averages remain in strong uptrends, reflecting underlying bullish structure. The ATR is elevated, and volume is high, suggesting increased volatility and participation, often seen at inflection points or after strong moves. The overall structure points to a short-term pullback or correction within a broader bullish trend, with the potential for further downside in the near term before the longer-term uptrend may reassert itself. The market is transitioning from a strong rally to a corrective phase, with traders watching for signs of stabilization or further downside follow-through.


Chart Analysis ATS AI Generated: 2025-10-10 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.