SPDR GOLD TRUST
SPDR GOLD TRUST
358.0 USD (+1.71%)
03/28/2025 - 16:34 Closed 15 min delayed data - NYSE MKT Stocks
Open: 351.0
Change: +6.0
Volume: 103
Low: 349.0
High: 366.0
High / Low range: 17.0
Type: ETF
Ticker: GLD
ISIN:

SPDR GOLD TRUST - Weekly - Technical analysis published on 06/23/2022 (GMT)

  • 172
  • 0
  • 06/23/2022 - 14:51
  • Timeframe : Weekly
  • - Analysis generated on 06/23/2022 - 14:51
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Neutral
Technical indicators
22%
44%
33%
My opinion
Neutral between 157.49 USD and 183.03 USD
My targets
-
My analysis
There is no clear trend on SPDR GOLD TRUST either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 183.03 USD. The first support is located at 157.49 USD.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by indaba888. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The SPDR GOLD TRUST price is 171.73 USD. The price is lower by -0.56% over the 5 days and was traded between 170.47 USD and 171.91 USD over the period. The price is currently at +0.74% from its lowest point and -0.10% from its highest point.

170.47
171.91
171.73

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-150153045January 1st5 years3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Weekly chart of SPDR GOLD TRUST indicates that the overall trend is not clearly defined. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Weekly


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Weekly



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

MACD indicator is back under 0

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Weekly



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 129.87 138.21 157.49 171.73 173.61 183.03 193.89
Change (%) -24.38% -19.52% -8.29% - +1.09% +6.58% +12.90%
Change -41.86 -33.52 -14.24 - +1.88 +11.30 +22.16
Level Major Minor Major - Major Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard169.64170.37170.84171.57172.04172.77173.24
Camarilla170.98171.09171.20171.31171.42171.53171.64
Woodie169.51170.31170.71171.51171.91172.71173.11
Fibonacci170.37170.83171.11171.57172.03172.31172.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard164.32166.31168.79170.78173.26175.25177.73
Camarilla170.04170.45170.86171.27171.68172.09172.50
Woodie164.57166.43169.04170.90173.51175.37177.98
Fibonacci166.31168.02169.07170.78172.49173.54175.25


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard157.30162.65166.90172.25176.50181.85186.10
Camarilla168.50169.38170.26171.14172.02172.90173.78
Woodie156.74162.38166.34171.98175.94181.58185.54
Fibonacci162.65166.32168.59172.25175.92178.19181.85

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell8
Moving averages
Created with Raphaël 2.3.0Buy13

RSI (14): 46.40
MACD (12,26,9): -0.0900
Directional Movement: -6.28
AROON (14): -21.43
DEMA (21): 174.85
Parabolic SAR (0,02-0,02-0,2): 184.66
Elder Ray (13): -2.75
Super Trend (3,10): 185.34
Zig ZAG (10): 171.72
VORTEX (21): 1.0000
Stochastique (14,3,5): 21.41
TEMA (21): 173.38
Williams %R (14): -79.71
Chande Momentum Oscillator (20): -7.82
Repulse (5,40,3): 1.6400
ROCnROLL: 2
TRIX (15,9): 0.1000
Courbe Coppock: 7.18
MA7: 170.97
MA20: 172.01
MA50: 174.37
MA100: 176.34
MAexp7: 173.00
MAexp20: 174.32
MAexp50: 172.68
MAexp100: 168.30
Price / MA7: +0.44%
Price / MA20: -0.16%
Price / MA50: -1.51%
Price / MA100: -2.61%
Price / MAexp7: -0.73%
Price / MAexp20: -1.49%
Price / MAexp50: -0.55%
Price / MAexp100: +2.04%

Quotes : 06/23/2022 - 14:36 - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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