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

Price Action

Last: 366.07,
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: 366.07 Up Trend,
(Intermediate-Term) 10 Week: 330.77 Up Trend,
(Long-Term) 20 Week: 299.30 Up Trend,
(Long-Term) 55 Week: 256.23 Up Trend,
(Long-Term) 100 Week: 215.02 Up Trend,
(Long-Term) 200 Week: 187.67 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has experienced a sharp rally to new highs, with large weekly bars and fast momentum, but has recently pivoted from a swing high at 397.28, indicating a short-term downtrend. The price remains well above all major moving averages, which are all trending upward, confirming strong intermediate and long-term bullish structure. The nearest support is at 330.12, with further levels at 299.30 and below, while resistance is defined by the recent high. The current pullback appears to be a corrective move within a broader uptrend, as the intermediate and long-term trends remain intact. The neutral stance of the session fib grids suggests a period of consolidation or digestion after the recent surge. Swing traders may interpret this as a potential retracement phase, with the market possibly seeking support before resuming its primary uptrend. Volatility remains elevated, and the market is in a corrective mode short-term, but the overall structure favors the bulls on higher timeframes.