The Greedy Trader Weekly Analysis
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- 6/27/2025 -
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streetTRACKS Gold Shares (GLD) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved below its signal lineBroken trend resistance lineTrend resistance at 299.89
Daily :Williams' Percentage Range is oversoldPrice has crossed below the 50 Day Moving AverageThe price touches the lower Bollinger Band
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It was the negative week for the streetTRACKS Gold Shares (GLD). During the week, the GLD dropped -8.91 points, or -2.87%, and closed at 301.22 on Friday, June 27, 2025. Weekly volume was 26% above average.

Long-term trend: [See GLD long-term trend chart]
A long-term uptrend had started on December 17, 2015 at 100.23 and reached 317.63 on April 22, 2025. GLD gained -217.40 points, or -216.90%, in 487 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (169.85) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See GLD medium-term trend chart]
A medium-term uptrend had started on October 5, 2023 at 168.30 and reached 317.63 on April 22, 2025. GLD gained -149.33 points, or -88.73%, in 80 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (299.89). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See GLD weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See GLD short-term trend chart]
A short-term uptrend had started on May 16, 2025 at 291.78 and reached 317.60 on June 13, 2025. GLD gained -25.82 points, or -8.85%, in 28 days. The chart has formed a Ascending Triangle chart pattern.

Daily Technical Indicators: [See GLD daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since June 18, 2025.

The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.46
Williams' Percentage Range (W%R) 99.20
Strong Oversold
Lane's Stochastic (%D-Slow) 24.15
Greed/Fear Indicator (GFI) 22.80
Moving Average Converg./Diverg. (MACD) 1.81
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.84
Williams' Percentage Range (W%R) 31.20
Lane's Stochastic (%D-Slow) 73.28
Greed/Fear Indicator (GFI) 64.98
Moving Average Converg./Diverg. (MACD) 15.48
Trading Signals
Description Value Chart
Upper Bollinger Band 314.24
Weekly Stochastic Crossing 310.73
Parabolic System 309.69
20 Day Moving Average 308.81
50 Day Moving Average 306.18
Daily Stochastic Crossing 302.39
Price 301.22
Lower Bollinger Band 300.71
Monthly Trendline Resistance 299.89
Monthly Trendline Support 282.53
Yearly Trendline Resistance 269.99
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Low 291.78
Low Date 05/16/2025
High 317.60
High Date 06/13/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 236.10
Low Date 11/14/2024
High 317.63
High Date 04/22/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 299.89
Support 282.53
Low 168.30
Low Date 10/05/2023
High 317.63
High Date 04/22/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 150.57
Low Date 11/03/2022
High 317.63
High Date 04/22/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 269.99
Support 169.85
Low 100.23
Low Date 12/17/2015
High 317.63
High Date 04/22/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.