• 641 days Will The ECB Continue To Hike Rates?
  • 642 days Forbes: Aramco Remains Largest Company In The Middle East
  • 643 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,043 days Could Crypto Overtake Traditional Investment?
  • 1,048 days Americans Still Quitting Jobs At Record Pace
  • 1,050 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,053 days Is The Dollar Too Strong?
  • 1,053 days Big Tech Disappoints Investors on Earnings Calls
  • 1,054 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,056 days China Is Quietly Trying To Distance Itself From Russia
  • 1,056 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,060 days Crypto Investors Won Big In 2021
  • 1,060 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,061 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,063 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,064 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,067 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,068 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,068 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,070 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…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch 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 Vectors Gold Miners ETF Daily Chart
GDX – on buy signal.


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


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


VanEck Vectors Gold Miners ETF Weekly Chart
GDX is testing resistance.


XGD.TO Weekly Chart

The Canadian gold stock ETF is also testing resistance.

Summary
Long term – on major buy signal.
Short term – on mixed signals.
Gold sector cycle – is down but can be bottoming.
Trend is down.
Correction continues but can end soon.

 

Back to homepage

Leave a comment

Leave a comment