• 11 hours Did North Korean Hackers Just Steal $13M From Global ATMs?
  • 12 hours Asian Tech Stocks Rebound After A Tough Week
  • 13 hours Switzerland Bans New Audi, Mercedes, Porsche Imports
  • 14 hours Sealing Off The North Korea Smuggling Loophole
  • 16 hours This Tech Giant Is Pushing For Blockchain Adoption
  • 18 hours Venezuela’s Gold Reserves Are Reaching Critical Levels
  • 1 day Brexit Woes Weigh On The British Pound
  • 1 day Forget Turkey, This Is The Biggest Threat To European Finance
  • 1 day There’s No Hiding From Google
  • 2 days Turkish Lira Bounces Back After Qatar Bailout Pledge
  • 2 days What Happens If Tesla Goes Private?
  • 2 days China's Most Powerful Weapon In The Trade War
  • 2 days Can The S&P 500 Shake Off Negative Sentiment?
  • 2 days Standards Go Out The Window As Employers Struggle To Fill Jobs
  • 2 days The Two Trillion Dollar Markets Amazon Hasn’t Conquered
  • 2 days Digital Supermodels Outperform Humans
  • 3 days France Could Lose Billions In EU Trade Route Redirection
  • 3 days Beer Giants Are Striking Out With Millennials
  • 3 days What Is Bakkt And Can It Take Bitcoin Mainstream?
  • 3 days Tesla’s Board Delivers A Stern Message To Elon Musk
  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.


VanEck Vectors Gold Miners ETF 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.


GLD Daily Chart

There is now a divergence in place.

Summary
Long term - on a new major buy signal, ending the major sell signal from early 2012.
Short term - on sell signals.
Gold sector cycle - is down.
Caution is advised as a multi week correction is in progress.

 

Back to homepage

Leave a comment

Leave a comment