GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Jan-08 07:11 CT
Price Action
- Last: 409.23,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Jan
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- MSFG Trend: Neutral.
YSFG Year 2026
- 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 409.23,
- 4. Pvt. Next: Pvt low 350.12,
- 5. Levels R: 409.23, 391.03, 367.24,
- 6. Levels S: 350.12, 291.78, 272.56, 238.73, 224.75.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 390.18 Up Trend,
- (Intermediate-Term) 10 Week: 367.24 Up Trend,
- (Long-Term) 20 Week: 324.72 Up Trend,
- (Long-Term) 55 Week: 274.28 Up Trend,
- (Long-Term) 100 Week: 224.75 Up Trend,
- (Long-Term) 200 Week: 197.36 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 the most recent weekly bar showing a large range and fast momentum, indicating robust buying interest. All benchmark moving averages are trending upward, confirming the strength of the move and providing layered support well below current price. Swing pivot analysis shows the current pivot high at 409.23, with the next significant support at 350.12, suggesting a wide buffer for any potential retracement. Resistance levels are being set at new highs, while support levels are well established from previous swing lows. The neutral bias on the session fib grids suggests price is extended but not overbought relative to the yearly and monthly ranges. Overall, the technical structure is supportive of a continuation of the prevailing bullish trend, with any pullbacks likely to be viewed as corrective within a broader uptrend. Volatility is elevated, and the market is in a strong trending phase rather than consolidation or choppy action.
Chart Analysis ATS AI Generated: 2026-01-08 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.