GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Nov-11 07:12 CT

Price Action

Last: 378.38,
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 low 340.12,
4. Pvt. Next: Pvt high 397.28,
5. Levels R: 397.28,
6. Levels S: 340.00, 301.76, 258.05, 216.02, 211.54.

Weekly Benchmarks

(Intermediate-Term) 5 Week: Not shown,
(Intermediate-Term) 10 Week: Not shown,
(Long-Term) 20 Week: 333.68 Up Trend,
(Long-Term) 55 Week: 301.76 Up Trend,
(Long-Term) 100 Week: 258.05 Up Trend,
(Long-Term) 200 Week: 216.02 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has experienced a strong rally, with price momentum accelerating to the upside and large weekly bars marking a significant move higher. However, the most recent swing pivot shows a short-term downtrend (DTrend) after reaching a new high at 397.28, indicating a pullback or corrective phase is underway. Despite this short-term weakness, the intermediate and long-term trends remain firmly bullish, as evidenced by the uptrend in the HiLo swing trend and all major moving averages (20, 55, 100, 200 week) trending higher and well below current price. Key support levels are layered below at 340.00, 301.76, 258.05, and 216.02, with the nearest resistance at the recent high of 397.28. The market appears to be in a classic post-breakout retracement, with the potential for further consolidation or a test of lower support before any renewed upside. Volatility remains elevated, and the overall structure suggests a healthy long-term uptrend with a short-term corrective phase.