GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Nov-09 18:08 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD has recently experienced a sharp pullback from its all-time highs, as indicated by the large, fast-momentum bars and a short-term downtrend in swing pivots. Despite this, the intermediate and long-term trends remain bullish, supported by higher lows and rising long-term moving averages. The price is currently testing a key support zone around 330, with multiple support levels below that could act as buffers if the retracement continues. The recent correction appears to be a counter-trend move within a broader uptrend, typical of a market digesting gains after a strong rally. The overall structure suggests consolidation or a potential base-building phase before the next directional move, with volatility elevated and the market in a corrective mode short-term but structurally strong on higher timeframes.


Chart Analysis ATS AI Generated: 2025-11-09 18:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.