GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Oct-30 07:10 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, but the most recent swing pivot indicates a short-term downtrend (DTrend) following a sharp move up. The intermediate and long-term trends remain firmly bullish, supported by all major moving averages trending higher and well below current price, indicating strong underlying support. The nearest resistance is at the recent high of 397.28, while key support levels are layered below, starting at 309.12 and extending down to 198.37. The current price action suggests a potential pullback or consolidation phase after an extended rally, with the market possibly digesting gains before the next directional move. The overall structure remains constructive for bulls on a longer time frame, but short-term traders may see increased volatility and corrective action as the market tests support levels. No clear breakout or breakdown is signaled in the session fib grids, reflecting a neutral bias in the short and intermediate term, while the long-term uptrend remains intact.


Chart Analysis ATS AI Generated: 2025-10-30 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.