Gold (SPDR Gold Trust - GLD) Analysis
Current Price: $414.47 (+2.98) as of January 9, 2026
Short Term Outlook
The short-term analysis of SPDR Gold (GLD) indicates a positive momentum with a recent price increase of 2.98. The stock has shown a volatility of 0.88% over the last day, suggesting a stable trading environment. The price has risen by 0.72% in the last day, indicating a bullish sentiment among investors.
Key Short Term Metrics
| Period | Volume Balance | Volatility | Liquidity | Price Change (%) |
|---|---|---|---|---|
| 1 Day | - | 0.88% | 5,807.24 | +0.72% |
| 5 Days | 79.31 | 2.94% | 4,802.94 | +4.07% |
| 22 Days | 5.26 | 7.73% | 4,587.48 | +7.54% |
| 66 Days | -10.22 | 16.75% | 5,826.15 | +13.75% |
Medium Term Outlook
In the medium term, SPDR Gold is exhibiting strong development within a rising trend channel. This trend suggests that investor interest is increasing, and there is no significant resistance in the price chart, indicating potential for further price increases. The stock has a support level around $314, which could act as a safety net in case of a market correction.
Volume and Trend Analysis
The correlation between price and volume is positive, indicating strong buy interest near price tops and low sell interest near price bottoms. This trend reinforces the bullish outlook for GLD in the medium term.
Recommendation
Based on the analysis, it is recommended to consider buying GLD for both short-term and medium-term positions, as the current trend indicates a strong upward movement with solid support levels.
Conclusion
Overall, SPDR Gold (GLD) is positioned favorably for both short-term and medium-term growth. Investors should monitor the price action closely, especially around the support level of $314, while taking advantage of the current bullish trend.