GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Nov-04 07:12 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 rally, with price momentum accelerating to the upside and large weekly bars marking recent action. The short-term swing pivot trend has shifted to a downtrend, indicating a corrective phase or pullback after a significant run-up, while the intermediate-term HiLo trend remains firmly in an uptrend, reflecting underlying strength. The most recent swing high at 397.28 serves as a key resistance, while the evolving pivot low at 330.12 and subsequent support levels at 299.30, 256.23, and 215.02 highlight potential retracement zones. All major moving averages (from 5-week to 200-week) are trending upward, confirming a robust long-term bullish structure. The neutral bias across the session fib grids suggests price is consolidating after a strong move, with no clear directional edge in the very short term. Overall, the market is in a bullish phase on higher timeframes, but the current short-term correction may present volatility and choppy price action as the market digests gains and tests support levels.


Chart Analysis ATS AI Generated: 2025-11-04 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.