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Archive - 10/3/2025 - 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 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.
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