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

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

GLD has demonstrated a powerful and sustained uptrend across all timeframes, with price action accelerating sharply in recent weeks. The current weekly bar is large, and momentum is fast, indicating strong buying interest and a potential continuation of the trend. All benchmark moving averages from short to long term are in solid uptrends, confirming broad-based strength. Swing pivot analysis shows the most recent pivot is a new high at 473.14, with the next significant support at 435.24, and further support levels well below current price, suggesting a wide cushion for any pullbacks. Resistance is now defined by the recent high, with no overhead supply. The Fib grid sessions (weekly, monthly, yearly) are neutral, reflecting that price is extended well above key equilibrium zones. From a futures swing trader’s perspective, the market is in a strong trending phase, with higher highs and higher lows, and no immediate signs of exhaustion or reversal. Volatility is elevated, and the trend structure remains intact, favoring trend-following strategies. The technical landscape is decisively bullish, with any retracements likely to be viewed as opportunities within the prevailing uptrend.


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.