• 1 day 3 Semiconductor Stocks Looking Great On EV Demand
  • 3 days Robinhood’s $40B March IPO Is In Grave Danger
  • 4 days Are Bots Responsible For GameStop’s Massive Runup? 
  • 5 days Learning From Buffett’s $11 Billion Mistake
  • 8 days The Token Boom Spawns Digital Gold Mine in Art, Collectibles
  • 9 days The “Oil Of The Future” Is Set To Soar In 2021
  • 9 days Wealthy Could End Up Footing The Bill For States’ Budget Shortfalls
  • 10 days Could This Be The Hottest Commodity Play Of 2021?
  • 10 days JP Morgan Says Fintech Will Steal The Disruptor Show
  • 12 days Facebook Plays Dirty Down Under
  • 13 days Could This Be The Most Exciting Lithium Play Of 2021?
  • 15 days China Sidelines US As EU’s New Top Trading Partner
  • 17 days 3 Smart Ways To Play the Global Chip Shortage
  • 18 days Flying Taxis Are The Number One Speculative Bull Arena
  • 19 days Ocean Power: The Missing Link
  • 24 days Luxembourg’s Ultra-Secrecy Still Attracts Hundreds Of Billionaires
  • 25 days Robinhood Is Under Fire And Trading ‘Democracy’ Is In Question
  • 26 days Bitcoin Could Be Worth $12 Trillion In The Long-Term
  • 27 days The Biggest Tech IPO Since Uber … For Farmers
  • 29 days The Biggest Boost Yet for the Cannabis Industry
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

  1. Home
  2. Markets
  3. Other

This Past Week in Gold

SPDR Gold TrustShares Daily Chart
GLD – on sell signal.


iShares Silver Trust Daily Chart
SLV – on sell signal.


VanEck 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.


VanEck Junior Gold Miners WTF Daily Chart
GDXJ – on sell signal.


Gold Bugs Index Weely Chart

Prices are bound by support and resistance, looking for a break either way to determine intermediate direction.

Summary
Long term – on major buy signal.
Short term – on sell signals.
Gold sector cycle is down.
A correction is in progress.

 

Back to homepage

Leave a comment

Leave a comment