GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Oct-31 07:10 CT

Price Action

• Last: 370.13,
• 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 380.12,
• 4. Pvt. Next: Pvt High 397.28,
• 5. Levels R: 397.28,
• 6. Levels S: 380.12, 281.78, 272.58, 238.73, 230.13, 211.77.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 328.18 Up Trend,
• (Intermediate-Term) 10 Week: 296.75 Up Trend,
• (Long-Term) 20 Week: 291.91 Up Trend,
• (Long-Term) 55 Week: 254.47 Up Trend,
• (Long-Term) 100 Week: 214.04 Up Trend,
• (Long-Term) 200 Week: 211.77 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has experienced a strong, fast momentum rally, with large weekly bars pushing price to new highs. However, the most recent swing pivot indicates a short-term downtrend (DTrend) as price has pulled back sharply from the recent high at 397.28, with the current evolving pivot low at 380.12. Despite this short-term weakness, the intermediate and long-term trends remain firmly bullish, as evidenced by all benchmark moving averages trending upward and the HiLo trend (intermediate-term) still in an uptrend. Key support levels are layered below, with the nearest at 380.12, and major support from longer-term moving averages well below current price, suggesting the broader uptrend remains intact. The neutral bias on the session fib grids across all timeframes indicates a period of consolidation or digestion after the recent rally. Overall, the chart reflects a classic scenario where a strong uptrend is undergoing a corrective pullback, with the potential for further consolidation before the next directional move. Volatility remains elevated, and the market is in a transition phase between short-term correction and longer-term bullish structure.