GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Nov-23 18:11 CT

Price Action

Last: 374.02,
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: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt high 388.18,
4. Pvt. Next: Pvt low 350.12,
5. Levels R: 397.28, 388.18,
6. Levels S: 350.12, 291.78, 272.58, 259.13, 229.73.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 337.42 Up Trend,
(Intermediate-Term) 10 Week: 304.41 Up Trend,
(Long-Term) 20 Week: 337.42 Up Trend,
(Long-Term) 55 Week: 259.94 Up Trend,
(Long-Term) 100 Week: 217.06 Up Trend,
(Long-Term) 200 Week: 217.06 Up Trend.

Overall Rating

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

Key Insights Summary

GLD has demonstrated a strong and persistent uptrend across all timeframes, with price action characterized by large, fast-moving bars and momentum at elevated levels. The most recent swing pivot is a high at 388.18, with the next key support at 350.12, indicating a wide but well-defined trading range. All benchmark moving averages are trending upward, confirming the strength of the underlying trend. Resistance is clustered near recent highs, while multiple support levels below suggest a robust structure for potential pullbacks. The neutral bias in the session fib grids suggests the market is consolidating after a strong rally, possibly digesting gains before the next directional move. The overall technical structure remains bullish, with higher highs and higher lows dominating the chart, and no immediate signs of trend exhaustion or reversal. This environment is typically favorable for trend-following swing strategies, with volatility and momentum supporting continued active trading conditions.