• 989 days Will The ECB Continue To Hike Rates?
  • 990 days Forbes: Aramco Remains Largest Company In The Middle East
  • 991 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,391 days Could Crypto Overtake Traditional Investment?
  • 1,396 days Americans Still Quitting Jobs At Record Pace
  • 1,398 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,401 days Is The Dollar Too Strong?
  • 1,401 days Big Tech Disappoints Investors on Earnings Calls
  • 1,402 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,404 days China Is Quietly Trying To Distance Itself From Russia
  • 1,404 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,408 days Crypto Investors Won Big In 2021
  • 1,408 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,409 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,411 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,412 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,415 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,416 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,416 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,418 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…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  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.


US Dollar Index Chart

The big picture remains the same: dollar up and gold down.

Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on sell signals.
Gold sector cycle - down as of 2/07, ending the up cycle since November.

 

Back to homepage

Leave a comment

Leave a comment