• 1,025 days Will The ECB Continue To Hike Rates?
  • 1,025 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,027 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,427 days Could Crypto Overtake Traditional Investment?
  • 1,432 days Americans Still Quitting Jobs At Record Pace
  • 1,434 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,437 days Is The Dollar Too Strong?
  • 1,437 days Big Tech Disappoints Investors on Earnings Calls
  • 1,438 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,440 days China Is Quietly Trying To Distance Itself From Russia
  • 1,440 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,444 days Crypto Investors Won Big In 2021
  • 1,444 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,445 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,447 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,448 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,451 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,452 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,452 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,454 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  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 - on sell signal.


SPDR Gold Trust Shares Daily Chart 2
We had a divergence this week and prices fell sharply.


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.
COT data is not supportive for higher prices overall.

 

Back to homepage

Leave a comment

Leave a comment