• 1,099 days Will The ECB Continue To Hike Rates?
  • 1,099 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,101 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,501 days Could Crypto Overtake Traditional Investment?
  • 1,506 days Americans Still Quitting Jobs At Record Pace
  • 1,508 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,511 days Is The Dollar Too Strong?
  • 1,511 days Big Tech Disappoints Investors on Earnings Calls
  • 1,512 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,514 days China Is Quietly Trying To Distance Itself From Russia
  • 1,514 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,518 days Crypto Investors Won Big In 2021
  • 1,518 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,519 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,521 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,522 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,525 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,526 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,526 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,528 days Are NFTs About To Take Over Gaming?
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…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  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 new sell signal.


VanEck Vectors Gold Miners ETF Daily Chart
GDX - on new sell signal.


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


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


Spot Gold Daily Chart

Speculation remains at an all time high, despite gold having trouble breaking above the 2015 high.

Summary
Long term - on a new major buy signal, ending the major sell signal from early 2012.
Short term - on mixed signals.
Gold sector cycle - turned down last week.
Caution is advised as a multi week correction may have begun.

 

Back to homepage

Leave a comment

Leave a comment