GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Nov-06 07:12 CT

Price Action

• Last: 366.51,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Nov

• 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 high 397.28,
• 4. Pvt. Next: Pvt low 330.12,
• 5. Levels R: 397.28,
• 6. Levels S: 330.12, 299.30, 278.78, 272.18, 256.23, 215.02.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 379.88 Down Trend,
• (Intermediate-Term) 10 Week: 370.46 Down Trend,
• (Long-Term) 20 Week: 330.77 Up Trend,
• (Long-Term) 55 Week: 299.30 Up Trend,
• (Long-Term) 100 Week: 256.23 Up Trend,
• (Long-Term) 200 Week: 215.02 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has recently experienced a sharp rally to new highs, with large weekly bars and fast momentum, but is now undergoing a notable pullback from the swing high at 397.28. The short-term trend has shifted to the downside, as indicated by the current downtrend in swing pivots and both the 5- and 10-week moving averages turning lower. However, the intermediate- and long-term trends remain firmly bullish, supported by higher swing lows and all major long-term moving averages trending upward. Key support levels to watch are 330.12 and 299.30, with resistance at the recent high of 397.28. The current price action suggests a corrective phase within a broader uptrend, with the market consolidating gains after a strong advance. This environment is typical of a market digesting a parabolic move, where volatility remains elevated and traders are likely to focus on the reaction at major support levels to gauge the next directional move.