GLD SPDR Gold Shares Daily Chart Analysis: 2025-Oct-23 07:13 CT

Price Action

Last: 370.08,
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: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt low 368.09,
4. Pvt. Next: Pvt high 380.53,
5. Levels R: 403.30, 380.53,
6. Levels S: 368.09, 362.83, 333.81, 324.99, 305.19, 302.04.

Daily Benchmarks

(Short-Term) 5 Day: 384.09 Down Trend,
(Short-Term) 10 Day: 386.44 Down Trend,
(Intermediate-Term) 20 Day: 364.11 Up Trend,
(Intermediate-Term) 55 Day: 346.74 Up Trend,
(Long-Term) 100 Day: 324.94 Up Trend,
(Long-Term) 200 Day: 302.04 Up Trend.

Additional Metrics

ATR:159,
VOLMA:7207880.

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

GLD has recently experienced a sharp pullback after a strong rally, as indicated by large bars and fast momentum to the downside. The short-term swing pivot trend has shifted to a downtrend, with the most recent pivot low at 368.09 acting as immediate support, while resistance is set at 380.53 and the prior high at 403.30. Despite the short-term weakness, the intermediate and long-term trends remain bullish, supported by rising 20, 55, 100, and 200-day moving averages. The current price is consolidating above key support levels, with volatility elevated (high ATR) and volume above average, suggesting active participation during this retracement. The overall structure points to a corrective phase within a broader uptrend, with the market digesting gains after a parabolic move. Swing traders will note the potential for further downside in the short term, but the underlying bullish structure on higher timeframes remains intact.