• 1,100 days Will The ECB Continue To Hike Rates?
  • 1,100 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,102 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,502 days Could Crypto Overtake Traditional Investment?
  • 1,507 days Americans Still Quitting Jobs At Record Pace
  • 1,509 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,512 days Is The Dollar Too Strong?
  • 1,512 days Big Tech Disappoints Investors on Earnings Calls
  • 1,513 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,515 days China Is Quietly Trying To Distance Itself From Russia
  • 1,515 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,519 days Crypto Investors Won Big In 2021
  • 1,519 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,520 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,522 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,523 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,526 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,527 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,527 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,529 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…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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 - new sell signal this week.


iShares Silver Trust Daily Chart
SLV - on sell signal.


Market Vectors Gold Miners Daily Chart
GDX - new sell signal this week.


XGD.TO Daily Chart
XGD.TO - new sell signal this week.


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


SPDR Gold Trust Shares Daily Chart 2
The divergence between gold & silver gave us warning last week to a potential sell off.


Summary
Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - down as of 3/21, ending the up cycle since 12/27.

 

Back to homepage

Leave a comment

Leave a comment