GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Nov-02 18:12 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD has experienced a strong and rapid rally, as evidenced by large bars and fast momentum, pushing price to new highs before a recent pullback. The short-term swing pivot trend has shifted to a downtrend, indicating a corrective phase or consolidation after the sharp move up, while the intermediate-term HiLo trend remains firmly in an uptrend, reflecting underlying strength. All key moving averages from 5-week to 200-week are trending upward, confirming robust bullish momentum on higher timeframes. The most recent swing high at 397.28 serves as resistance, with support levels at 309.12, 272.58, and 211.54, suggesting a wide range for potential retracement or consolidation. The neutral bias across the session fib grids (WSFG, MSFG, YSFG) points to a pause in directional conviction, likely as the market digests recent gains. Overall, the structure is bullish for intermediate and long-term horizons, but the short-term is neutral as the market consolidates after a significant advance, typical of a strong trend pausing for re-accumulation or profit-taking.


Chart Analysis ATS AI Generated: 2025-11-02 18:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.