GLD SPDR Gold Shares Daily Chart Analysis: 2026-Feb-23 07:08 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

GLD has recently experienced a strong upward move, with price action showing medium-sized bars and average momentum. The short-term swing pivot trend is up, supported by all benchmark moving averages trending higher, indicating underlying strength. However, the intermediate-term HiLo trend is down, suggesting a recent corrective phase or consolidation after the sharp rally and subsequent pullback from the 495.88 resistance high. The price is currently trading above key moving averages, and the next significant resistance is at 468.62, with support levels well below at 429.24 and 417.04. Volatility remains elevated (ATR 159), but volume has normalized after the recent spike. The overall structure points to a market in consolidation after a strong rally, with the potential for further upside if resistance is cleared, but with intermediate-term caution as the market digests gains. The long-term trend remains firmly bullish, supported by higher lows and rising major moving averages.


Chart Analysis ATS AI Generated: 2026-02-23 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.