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


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


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


US Dollar Index Daily Chart

USD appears to be consolidating in a flag, and should break out soon.

Summary
Long term - on a new major buy signal, ending the major sell signal from early 2012.
Short term - on buy signals.
Gold sector cycle - is now down.
Investors should consider accumulating gold stocks/ETFs at the next cycle bottom.

 

Back to homepage

Leave a comment

Leave a comment