• 860 days Will The ECB Continue To Hike Rates?
  • 860 days Forbes: Aramco Remains Largest Company In The Middle East
  • 862 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,262 days Could Crypto Overtake Traditional Investment?
  • 1,267 days Americans Still Quitting Jobs At Record Pace
  • 1,269 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,272 days Is The Dollar Too Strong?
  • 1,272 days Big Tech Disappoints Investors on Earnings Calls
  • 1,273 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,275 days China Is Quietly Trying To Distance Itself From Russia
  • 1,275 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,279 days Crypto Investors Won Big In 2021
  • 1,279 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,280 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,282 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,283 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,286 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,287 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,287 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,289 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

This Past Week in Gold

SPDR Gold Trust Shares
GLD - on buy signal.


iShares Silver Trust
SLV - on sell signal.


Market vectors Gold Miners
GDX - on sell signal.


XGD.TO
XGD.TO - on sell signal.


Central Fund of Canada
CEF - back to sell signal this week.


Summary
Long term - on major sell signal.
Short term - on mixed signals.
Gold cycle is now at levels of previous bottoms. However we are on major sell signal, therefore, new positions can be considered for trading and not long term holdings.

 

Back to homepage

Leave a comment

Leave a comment