• 756 days Will The ECB Continue To Hike Rates?
  • 757 days Forbes: Aramco Remains Largest Company In The Middle East
  • 758 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,158 days Could Crypto Overtake Traditional Investment?
  • 1,163 days Americans Still Quitting Jobs At Record Pace
  • 1,165 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,168 days Is The Dollar Too Strong?
  • 1,168 days Big Tech Disappoints Investors on Earnings Calls
  • 1,169 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,171 days China Is Quietly Trying To Distance Itself From Russia
  • 1,171 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,175 days Crypto Investors Won Big In 2021
  • 1,175 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,176 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,178 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,179 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,182 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,183 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,183 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,185 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

This Past Week in Gold

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


iShares Silver Trust Daily Chart
SLV -on buy signal.


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


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


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


HUI Gold Bugs Index Daily Chart
A breakout above 250 will confirm the inverted head & shoulder bottom.


Summary
Long term - on major sell signal since Mar 2012.
Short term - on buy signals.
Gold sector cycle - up as of 6/20
This week's COT data not available at time of update, last week's COT data was already at levels of previous tops, therefore upside is limited and risk has increased for the sector, caution is advised.

 

Back to homepage

Leave a comment

Leave a comment