• 347 days Will The ECB Continue To Hike Rates?
  • 347 days Forbes: Aramco Remains Largest Company In The Middle East
  • 349 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 749 days Could Crypto Overtake Traditional Investment?
  • 754 days Americans Still Quitting Jobs At Record Pace
  • 756 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 759 days Is The Dollar Too Strong?
  • 759 days Big Tech Disappoints Investors on Earnings Calls
  • 760 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 762 days China Is Quietly Trying To Distance Itself From Russia
  • 762 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 766 days Crypto Investors Won Big In 2021
  • 766 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 767 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 769 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 770 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 773 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 774 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 774 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 776 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 buy signal.


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


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


Gold Bugs Index Daily Chart 1996-2016

Gold stocks are testing major resistance.

Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on buy signals.
Gold sector cycle - up.
Only aggressive and nimble traders should participate in the current market condition.

 

Back to homepage

Leave a comment

Leave a comment