GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jan-06 07:12 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD is exhibiting a strong bullish structure across all timeframes, with price action characterized by large, fast momentum bars and a clear uptrend in both short- and intermediate-term swing pivots. The most recent swing high at 419.49 and the last price near 408.76 highlight the market's strength, while all benchmark moving averages are trending upward, confirming robust underlying momentum. Support levels are well-defined and spaced below, indicating a series of higher lows and a healthy trend structure. The neutral bias in the session fib grids suggests the market is not currently overextended relative to its yearly, monthly, or weekly ranges, providing a stable backdrop for the ongoing uptrend. The chart reflects a classic trend continuation environment, with no immediate signs of exhaustion or reversal, and the price remains well above all major long-term moving averages. This setup is typical of a strong, persistent rally phase, often seen in commodities during periods of favorable macroeconomic or seasonal conditions.


Chart Analysis ATS AI Generated: 2026-01-06 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.