GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Oct-20 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 most recent swing pivot is a new high at 388.99, with the next potential pivot low at 351.18, indicating a significant upward extension. All benchmark moving averages are trending up, confirming the strength of the move and providing multiple layers of support well below current price. The swing pivot summary shows both short-term and intermediate-term trends are up, with resistance only at the current high and several support levels below, suggesting a clear trend continuation environment. The neutral bias on the session fib grids reflects the price being well above key NTZ zones, with no immediate reversal signals. This setup is typical of a strong trend phase, often seen after a breakout or in the midst of a sustained rally, with volatility elevated and little sign of exhaustion or reversal at this stage.


Chart Analysis ATS AI Generated: 2025-10-20 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.