GLD Weekly Technical Analysis
SPDR Gold Shares
Tracks the spot price of physical gold bullion held in secure vaults. Roughly ~1/10 oz of gold per share. Often used as a hedge against inflation, currency debasement, geopolitical risk, and financial market stress. Gold is considered a store of value and tends to perform well during risk-off environments.
GLD Technical Analysis Summary
The weekly chart displays an exceptionally strong and accelerating long-term uptrend, characterized by a breakout from a massive multi-year base. Moving averages are in perfect bullish alignment and sharply rising, while MACD confirms robust underlying momentum. Although the RSI is highly overbought at 77.25—suggesting the potential for a near-term pause or volatile pullback—the overarching structural picture remains overwhelmingly positive for long-term investors.
Included In Lists
Related Tickers of Interest
GLD Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is in a steep ascent, making aggressive higher highs and higher lows while riding the upper Bollinger Band. MACD histogram is positive and expanding, confirming strong short-term momentum.
Long-term Sentiment (weeks to months): Bullish
The chart shows a textbook long-term uptrend with price firmly above all key moving averages (20, 50, and 200-week SMAs), which are sequentially stacked and sloping upward after a massive multi-year base breakout.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:02:34.381Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $410.00 | $400.00 - $420.00 | Strong | Recent consolidation shelf prior to the latest vertical leg up, converging with the rising 20-week SMA. |
| $335.00 | $320.00 - $350.00 | Strong | Major structural swing low and significant consolidation area, currently aligning with the rising 50-week SMA. |
| $240.00 | $230.00 - $250.00 | Strong | Long-term base area and trend origin, aligning with the 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $475.00 | $470.00 - $480.00 | Weak | Immediate resistance near current all-time highs and the weekly upper Bollinger Band (473.46). |
| $500.00 | $495.00 - $505.00 | Strong | Major psychological resistance zone at the 500 round number in price discovery territory. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Uptrend | Bullish | N/A | The price action since early 2024 has accelerated into a very steep, nearly vertical channel, indicating extreme buying pressure and momentum. |
| Strong | Multi-Year Base Breakout | Bullish | N/A | The current accelerating trend is the result of a massive breakout from a multi-year consolidation phase, which provides a profound long-term foundation. |
Frequently Asked Questions about GLD
What is the current sentiment for GLD?
The short-term sentiment for GLD is currently Bullish because Price is in a steep ascent, making aggressive higher highs and higher lows while riding the upper Bollinger Band. MACD histogram is positive and expanding, confirming strong short-term momentum.. The long-term trend is classified as Bullish.
What are the key support levels for GLD?
StockDips.AI has identified key support levels for GLD at $410.00 and $335.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is GLD in a significant dip or a Value Dip right now?
GLD has a Value Score of 75/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.