GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Nov-03 07:11 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD has experienced a sharp rally, with price momentum accelerating to the upside and printing large weekly bars. The most recent swing pivot shows a short-term downtrend (DTrend) after a significant run-up, suggesting a corrective phase or pullback is underway. However, the intermediate-term HiLo trend remains firmly in an uptrend, and all major weekly moving averages (5, 10, 20, 55, 100, 200) are trending higher, confirming strong underlying bullish structure. Key resistance is at the recent high of 397.28, while support levels are layered below at 320.12, 279.18, and further down. The price is currently well above all long-term benchmarks, indicating the broader trend remains intact despite short-term volatility. The neutral bias on the session fib grids (WSFG, MSFG, YSFG) suggests the market is consolidating after a strong move, with no clear directional bias in the immediate term. Overall, the chart reflects a classic scenario where a powerful uptrend is undergoing a short-term correction, but the intermediate and long-term outlooks remain bullish as long as key support levels hold.


Chart Analysis ATS AI Generated: 2025-11-03 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.