• 896 days Will The ECB Continue To Hike Rates?
  • 897 days Forbes: Aramco Remains Largest Company In The Middle East
  • 898 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,298 days Could Crypto Overtake Traditional Investment?
  • 1,303 days Americans Still Quitting Jobs At Record Pace
  • 1,305 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,308 days Is The Dollar Too Strong?
  • 1,308 days Big Tech Disappoints Investors on Earnings Calls
  • 1,309 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,311 days China Is Quietly Trying To Distance Itself From Russia
  • 1,311 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,315 days Crypto Investors Won Big In 2021
  • 1,315 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,316 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,318 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,319 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,322 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,323 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,323 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,325 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

This Past Week in Gold

SPDR Gold Trust Shares Daily Chart
GLD - on sell signal.


iShares Silver Trust Daily Chart
SLV - on sell signal.


Market Vectors Gold Miners Daily Chart
GDX - on sell signal.


XGD.TO Daily Chart
XGD.TO - on sell signal.


Central Fund of Canada Daily Chart
CEF - back on sell signal.


HUI Gold Bugs Index Weekly Chart

Gold stocks as represented by $HUI have reached our downside target of 200, what we need now is a major trend reversal.

Summary
Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - down as of 11/08.
COT data is now favorable for a bear market rally.

 

Back to homepage

Leave a comment

Leave a comment