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Archive - 9/5/2025 - Sign In to see current Signals. |
streetTRACKS Gold Shares (GLD) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was a third consecutive positive week for the streetTRACKS Gold Shares (GLD). During the week, the GLD gained 12.98 points, or 4.08%, and closed at 331.05 on Friday, September 5, 2025. It was the best weekly gain since May 23, 2025. Weekly volume was 86% 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 331.44 on September 5, 2025. GLD gained -231.21 points, or -230.68%, in 507 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (171.25) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 November 3, 2022 at 150.57 and reached 331.44 on September 5, 2025. GLD gained -180.87 points, or -120.12%, in 148 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (239.87) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
Weekly Technical Indicators: [See GLD weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 weekly MACD line is below its signal line since June 20, 2025. The distance between MACD and the signal line is low and getting smaller. 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 November 14, 2024 at 236.10 and reached 331.44 on September 5, 2025. GLD gained -95.34 points, or -40.38%, in 295 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (326.79) line. The support is usually stronger when technical indicators are oversold. 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 support line in a short-term trend.
Daily Technical Indicators: [See GLD daily technical indicators chart] Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is above its signal line since August 22, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong. The price touches the upper 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.
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