GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jan-02 07:08 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD has demonstrated a strong and persistent uptrend across all timeframes, with price action characterized by large, fast-momentum bars pushing to new highs. All benchmark moving averages are trending upward, confirming the strength of the move. Swing pivot analysis shows the most recent evolution at a new pivot high (419.48), with the next significant support at 309.03, indicating a wide range for potential retracement. Resistance is now at the recent high, while multiple support levels below suggest a robust underlying bid. The neutral bias on the session fib grids reflects a consolidation phase after a strong rally, but the overall structure remains bullish. This environment is typical of a trending market with occasional pullbacks, and the absence of reversal signals or breakdowns in support levels points to continued strength in the long-term trend. Volatility is elevated, and the market is in a clear trend continuation phase, with higher highs and higher lows dominating the chart structure.


Chart Analysis ATS AI Generated: 2026-01-02 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.