GLD SPDR Gold Shares Daily Chart Analysis: 2026-Feb-24 07:06 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, indicating a steady but not explosive trend. The short-term swing pivot trend is up, supported by all benchmark moving averages trending higher, which reinforces a bullish short- and long-term outlook. However, the intermediate-term HiLo trend is down, reflecting a recent pullback from the swing high at 495.88, and the market is currently consolidating above key support levels (notably 417.04 and 402.65). The price is trading within the February NTZ, with no clear directional bias from the monthly or weekly session fib grids, suggesting a pause or digestion phase after the recent rally. Volatility remains elevated (ATR 159), but volume has normalized, indicating less frothiness compared to the prior breakout. The market is in a consolidation phase, with potential for either a continuation higher if resistance at 481.48 is reclaimed, or a deeper retracement if support levels are tested. Overall, the structure favors bullish continuation in the long run, but the intermediate-term trend warrants monitoring for further consolidation or a possible reversal.


Chart Analysis ATS AI Generated: 2026-02-24 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.