• 1,039 days Will The ECB Continue To Hike Rates?
  • 1,039 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,041 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,440 days Could Crypto Overtake Traditional Investment?
  • 1,445 days Americans Still Quitting Jobs At Record Pace
  • 1,447 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,450 days Is The Dollar Too Strong?
  • 1,451 days Big Tech Disappoints Investors on Earnings Calls
  • 1,451 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,453 days China Is Quietly Trying To Distance Itself From Russia
  • 1,453 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,457 days Crypto Investors Won Big In 2021
  • 1,458 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,458 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,461 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,461 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,464 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,465 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,465 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,467 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…

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 sell signal.


iShares Silver Trust Daily Chart
SLV – on sell signal.


VanEck 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 Daily Chart
USD is on buy signal.

Summary
Long term – on a major buy signal.
Short term – on sell signals.
Gold sector cycle – is down.
Investors should consider accumulating gold stocks/ETFs at the next cycle bottom as a correction is in progress.

 

Back to homepage

Leave a comment

Leave a comment