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

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD has experienced a strong and rapid rally, as evidenced by large weekly bars and fast momentum, pushing price to new highs near 337.28. The short-term swing pivot trend has shifted to a downtrend, suggesting a potential pullback or consolidation phase after an extended move higher. However, the intermediate-term HiLo trend remains firmly up, supported by all visible weekly moving averages trending higher, indicating underlying strength in the broader trend. Key resistance is marked at 397.28, while immediate support levels are at 304.89, 272.78, and 211.54, with the 5, 10, 20, and 55-week benchmarks all confirming bullish momentum. The neutral bias in the session fib grids suggests price is currently in a transition zone, possibly digesting gains before the next directional move. Overall, the chart reflects a market that is bullish on intermediate and long-term horizons, but with short-term caution as the market may be entering a corrective or consolidative phase following a parabolic advance.


Chart Analysis ATS AI Generated: 2025-10-23 07:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.