• 1,228 days Will The ECB Continue To Hike Rates?
  • 1,228 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,230 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,630 days Could Crypto Overtake Traditional Investment?
  • 1,635 days Americans Still Quitting Jobs At Record Pace
  • 1,637 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,640 days Is The Dollar Too Strong?
  • 1,640 days Big Tech Disappoints Investors on Earnings Calls
  • 1,641 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,643 days China Is Quietly Trying To Distance Itself From Russia
  • 1,643 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,647 days Crypto Investors Won Big In 2021
  • 1,647 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,648 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,650 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,651 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,654 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,655 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,655 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,657 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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…

  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 sell signal.


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


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


US Dollar Index Daily Chart

USD - remains firmly above the 50ema and the trend is strong.

Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on buy signals.
Gold sector cycle - up as of 11/14.
COT data suggests lower metal prices overall going forward.

 

Back to homepage

Leave a comment

Leave a comment