• 1,166 days Will The ECB Continue To Hike Rates?
  • 1,166 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,168 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,568 days Could Crypto Overtake Traditional Investment?
  • 1,573 days Americans Still Quitting Jobs At Record Pace
  • 1,575 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,578 days Is The Dollar Too Strong?
  • 1,578 days Big Tech Disappoints Investors on Earnings Calls
  • 1,579 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,581 days China Is Quietly Trying To Distance Itself From Russia
  • 1,581 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,585 days Crypto Investors Won Big In 2021
  • 1,585 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,586 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,588 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,589 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,592 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,593 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,593 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,595 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 sell signal.


iShares Silver Trust Daily Chart
SLV – on sell signal.


VanEck Gold Miners Daily Chart
GDX – on sell signal.


XGD.TO Daily Chart
XGD.TO – on sell signal.


Cenytral Fund of Canada Daily Chart
CEF – on sell signal.


GLD Daily Chart 2

The uptrend has ended and a correction is in progress.

Summary
Long term – on major buy signal.
Short term – on sell signals.
Gold sector cycle – is down.
Our modest positions were stopped out with small losses.
We shall now wait for the next cycle bottom, and when the correction has ended.

 

Back to homepage

Leave a comment

Leave a comment