• 848 days Will The ECB Continue To Hike Rates?
  • 848 days Forbes: Aramco Remains Largest Company In The Middle East
  • 850 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,250 days Could Crypto Overtake Traditional Investment?
  • 1,255 days Americans Still Quitting Jobs At Record Pace
  • 1,256 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,260 days Is The Dollar Too Strong?
  • 1,260 days Big Tech Disappoints Investors on Earnings Calls
  • 1,261 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,262 days China Is Quietly Trying To Distance Itself From Russia
  • 1,263 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,267 days Crypto Investors Won Big In 2021
  • 1,267 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,268 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,270 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,270 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,274 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,275 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,275 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,277 days Are NFTs About To Take Over Gaming?
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…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  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 sell signal.


XGD.to Daily Chart
XGD.TO - on sell signal.


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


Gold Bugs Index Weekly Chart
A top has been confirmed, any rally/bounce is counter trend until resistance is broken.


US Dollar Index Monthly Chart

USD - as long as the dollar remains in a bull market from our major buy signal in 2011, precious metals will be under pressure overall.

Summary
Long term - on major buy signal.
Short term - on sell signals.
Gold sector cycle is down.
Trend is down.
Correction continues.

 

Back to homepage

Leave a comment

Leave a comment