GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Oct-16 07:11 CT
Price Action
- Last: 390.44,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Oct
- 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 2,
- (Intermediate-Term) 2. HiLo Trend: UTrend 2,
- 3. Pvt. Evolve: Pvt high 390.44,
- 4. Pvt. Next: Pvt low 373.60,
- 5. Levels R: 390.44,
- 6. Levels S: 291.78, 272.58, 238.73, 211.54.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: [Not shown] [Up Trend],
- (Intermediate-Term) 10 Week: [Not shown] [Up Trend],
- (Long-Term) 20 Week: 320.29 Up Trend,
- (Long-Term) 55 Week: 250.49 Up Trend,
- (Long-Term) 100 Week: [Not shown] [Up Trend],
- (Long-Term) 200 Week: 211.89 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
GLD is exhibiting a strong bullish trend across all timeframes, with price action characterized by large, fast momentum bars pushing to new highs. The most recent swing pivot is a new high at 390.44, with the next potential support pivot at 373.60, indicating a significant upward extension. All visible long-term moving averages (20, 55, 200 week) are trending up and well below current price, confirming strong underlying trend support. Multiple support levels from prior pivots (291.78, 272.58, 238.73, 211.54) are now far below, highlighting the magnitude of the recent rally. The Fib Grid zones (NTZ) are neutral, suggesting price is well above key equilibrium levels and in a possible overextension phase. From a swing trader’s perspective, the market is in a powerful uptrend, with momentum and structure favoring trend continuation, though the distance from support may imply increased volatility and potential for sharp pullbacks if profit-taking emerges. The overall technical environment remains decisively bullish.
Chart Analysis ATS AI Generated: 2025-10-16 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.