The Greedy Trader Weekly Analysis
Sign In Oct 10, 2025
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 10/3/2025 -
Sign In to see current Signals.

streetTRACKS Gold Shares (GLD) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionRelative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overbought
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtThe price touches the upper Bollinger Band
Move cursor over the icon to see details.

It was a seventh consecutive positive week for the streetTRACKS Gold Shares (GLD). During the week, the GLD gained 10.90 points, or 3.14%, and closed at 357.64 on Friday, October 3, 2025. Weekly volume was 60% 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 358.67 on October 2, 2025. GLD gained -258.44 points, or -257.85%, in 511 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (171.83) 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 358.67 on October 2, 2025. GLD gained -208.10 points, or -138.21%, in 152 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (255.37) 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 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 weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 5, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 358.67 on October 2, 2025. GLD gained -122.57 points, or -51.91%, in 322 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 336.25 and resistance is at 403.56. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See GLD daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic.

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 low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.43
Williams' Percentage Range (W%R) 4.80
Strong Overbought
Lane's Stochastic (%D-Slow) 92.75
Strong Overbought
Greed/Fear Indicator (GFI) 88.14
Overbought
Moving Average Converg./Diverg. (MACD) 8.36
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 89.65
Overbought
Williams' Percentage Range (W%R) 2.30
Strong Overbought
Lane's Stochastic (%D-Slow) 94.79
Strong Overbought
Greed/Fear Indicator (GFI) 87.19
Overbought
Moving Average Converg./Diverg. (MACD) 13.29
Trading Signals
Description Value Chart
Weekly Trendline Resistance 403.56
Upper Bollinger Band 358.70
Price 357.64
Daily Stochastic Crossing 357.25
Weekly Stochastic Crossing 355.64
Parabolic System 345.71
20 Day Moving Average 343.36
Weekly Trendline Support 336.25
Lower Bollinger Band 326.89
50 Day Moving Average 324.33
Monthly Trendline Resistance 318.49
Monthly Trendline Support 301.12
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rectangle
Low 291.78
Low Date 05/16/2025
High 358.67
High Date 10/02/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 403.56
Support 336.25
Low 236.10
Low Date 11/14/2024
High 358.67
High Date 10/02/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 318.49
Support 301.12
Low 168.30
Low Date 10/05/2023
High 358.67
High Date 10/02/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 279.61
Support 255.37
Low 150.57
Low Date 11/03/2022
High 358.67
High Date 10/02/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 274.17
Support 171.83
Low 100.23
Low Date 12/17/2015
High 358.67
High Date 10/02/2025
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.