GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Feb-08 18:12 CT

Price Action

WSFG Weekly

MSFG Month Feb

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-moving bars and momentum at elevated levels. The most recent swing pivot is a new high at 453.10, with the next potential support at 429.25, and major support levels well below current price, indicating a significant buffer before any major trend reversal. All benchmark moving averages are trending upward, confirming the strength of the move and the alignment of short, intermediate, and long-term momentum. The price is currently near a key resistance at 458.75, suggesting the market is testing new highs after a powerful rally. The neutral bias in the session fib grids reflects a pause or consolidation at these elevated levels, but the overall structure remains bullish. This environment is typical of a strong trending phase, often seen in commodities during periods of heightened macroeconomic uncertainty or inflationary cycles, and may attract continued interest from trend-following participants.


Chart Analysis ATS AI Generated: 2026-02-08 18:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.