• 1,188 days Will The ECB Continue To Hike Rates?
  • 1,189 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,190 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,590 days Could Crypto Overtake Traditional Investment?
  • 1,595 days Americans Still Quitting Jobs At Record Pace
  • 1,597 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,600 days Is The Dollar Too Strong?
  • 1,600 days Big Tech Disappoints Investors on Earnings Calls
  • 1,601 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,603 days China Is Quietly Trying To Distance Itself From Russia
  • 1,603 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,607 days Crypto Investors Won Big In 2021
  • 1,607 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,608 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,610 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,611 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,614 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,615 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,615 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,617 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - 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 25-Year Chart

The long term trends are locked firmly in place, I respect that.

 

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 10/30.
Traders can sell short the bounces during the current down cycle.

 

Back to homepage

Leave a comment

Leave a comment