GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Oct-28 07:42 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, fast momentum rally, pushing price to new highs with large weekly bars. The short-term swing pivot trend has shifted to a downtrend, indicating a possible pullback or correction after a significant run-up, while the intermediate-term HiLo trend remains firmly up, reflecting underlying strength. All major moving averages are trending higher, confirming a robust long-term bullish structure. Key support levels are well below current price, suggesting room for retracement without threatening the broader uptrend. Resistance is defined at the recent high (397.28), with the next pivot low at 304.34 as a critical support. The neutral bias on all session fib grids points to a consolidation phase or pause in trend, typical after a strong advance. Overall, the market is in a bullish posture for intermediate and long-term horizons, but short-term traders should be aware of increased volatility and the potential for a corrective phase as the market digests recent gains.


Chart Analysis ATS AI Generated: 2025-10-28 07:43 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.