GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Feb-24 07:07 CT
Price Action
- Last: 481.28,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- MSFG Trend: Neutral.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- YSFG Trend: Neutral.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt high 481.48,
- 4. Pvt. Next: Pvt low 414.24,
- 5. Levels R: 481.48, 430.80,
- 6. Levels S: 414.24, 360.12, 291.78, 238.73.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 457.03 Up Trend,
- (Intermediate-Term) 10 Week: 433.94 Up Trend,
- (Long-Term) 20 Week: 406.57 Up Trend,
- (Long-Term) 55 Week: 352.36 Up Trend,
- (Long-Term) 100 Week: 291.97 Up Trend,
- (Long-Term) 200 Week: 234.02 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
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 highs. The most recent swing pivot marks a new high at 481.48, with the next significant support at 414.24, indicating a wide range for potential retracement or consolidation. All benchmark moving averages are trending upward, confirming robust bullish sentiment from short to long term. The chart shows a series of higher highs and higher lows, typical of a trending market, with no immediate signs of reversal or exhaustion. The neutral bias on the session fib grids suggests the market is currently digesting gains, possibly entering a consolidation phase after a strong rally. For a futures swing trader, the prevailing trend remains upward, with volatility elevated and the potential for sharp pullbacks to key support levels. The technical structure supports a continuation of the bullish cycle, but traders should be attentive to any emerging reversal signals or shifts in momentum, especially after such an extended move.
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.