GLD SPDR Gold Shares Daily Chart Analysis: 2026-Feb-03 07:12 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

GLD has experienced a sharp and volatile pullback after a strong rally, as evidenced by the large, fast-momentum bars and a decisive shift to a short-term downtrend in swing pivots and moving averages. The price has broken below the 5- and 10-day moving averages, both now trending down, and is testing the 20-day MA, which has also turned down. However, intermediate and long-term moving averages (55, 100, 200-day) remain in uptrends, indicating that the broader bullish structure is still intact. The most recent swing pivot is a low at 425.13, with the next potential reversal at 443.71. Resistance is stacked above at 452.55, 468.85, and the recent high at 495.88, while support is found at 425.13, 413.53, 398.35, and 386.42. Volatility is elevated (high ATR), and volume has spiked, suggesting increased participation during this correction. The overall structure points to a short-term bearish/corrective phase within a longer-term bullish trend, with the market currently in a high-volatility retracement or shakeout phase following a parabolic move.


Chart Analysis ATS AI Generated: 2026-02-03 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.