GLD SPDR Gold Shares Weekly Chart Analysis: 2025-Dec-02 07:13 CT
Price Action
- Last: 389.75,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Dec
- 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: Neutral,
- 3. Pvt. Evolve: Pvt High 390.70,
- 4. Pvt. Next: Pvt Low 360.12,
- 5. Levels R: 397.28,
- 6. Levels S: 360.12, 309.80, 291.78, 272.58, 238.73, 238.13.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 374.91 Up Trend,
- (Intermediate-Term) 10 Week: 371.45 Up Trend,
- (Long-Term) 20 Week: 344.71 Up Trend,
- (Long-Term) 55 Week: 309.8 Up Trend,
- (Long-Term) 100 Week: 283.75 Up Trend,
- (Long-Term) 200 Week: 219.18 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
GLD is exhibiting strong bullish momentum on the weekly timeframe, with large price bars and fast momentum indicating aggressive buying interest. All benchmark moving averages from short to long-term are in clear uptrends, confirming a robust underlying trend structure. The most recent swing pivot is a new high at 390.70, with resistance at 397.28 and the next significant support at 360.12, suggesting the market is in a trend continuation phase after a breakout. The intermediate-term HiLo trend is neutral, hinting at some consolidation or digestion of recent gains, but the overall structure remains constructive. The price is well above all major moving averages, and the absence of a clear reversal or topping pattern supports the bullish outlook. Volatility is elevated, and the market is in a strong upcycle, with higher lows and higher highs dominating the chart. This environment is favorable for trend-following swing strategies, with the potential for further upside as long as key support levels hold.
Chart Analysis ATS AI Generated: 2025-12-02 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.