• 1,044 days Will The ECB Continue To Hike Rates?
  • 1,044 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,046 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,446 days Could Crypto Overtake Traditional Investment?
  • 1,451 days Americans Still Quitting Jobs At Record Pace
  • 1,453 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,456 days Is The Dollar Too Strong?
  • 1,456 days Big Tech Disappoints Investors on Earnings Calls
  • 1,457 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,459 days China Is Quietly Trying To Distance Itself From Russia
  • 1,459 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,463 days Crypto Investors Won Big In 2021
  • 1,463 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,464 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,466 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,467 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,470 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,471 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,471 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,473 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…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  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 buy signal.


VanEck Vectors Gold Miners 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 Weekly Chart
Trend remains down.


Gold Bugs Index Weekly Chart

A top has been confirmed, any rally/bounce is counter trend until resistance is broken.

Summary
Long term - on major buy signal.
Short term - on mixed signals.
Gold sector cycle is up.
Trend is down.
A counter trend bounce is in progress.

 

Back to homepage

Leave a comment

Leave a comment