• 737 days Will The ECB Continue To Hike Rates?
  • 737 days Forbes: Aramco Remains Largest Company In The Middle East
  • 739 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,139 days Could Crypto Overtake Traditional Investment?
  • 1,144 days Americans Still Quitting Jobs At Record Pace
  • 1,146 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,149 days Is The Dollar Too Strong?
  • 1,149 days Big Tech Disappoints Investors on Earnings Calls
  • 1,150 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,152 days China Is Quietly Trying To Distance Itself From Russia
  • 1,152 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,156 days Crypto Investors Won Big In 2021
  • 1,156 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,157 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,159 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,160 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,163 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,164 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,164 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,166 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  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.


VanEck Vectors Junior Gold Miners ETF Daily Chart
GDXJ - on sell signal.


Gold Bugs Index Daily Chart

A correction has morphed into a consolidation, and the longer time it takes, the mightier the eventual breakout.

Summary
Long term - on major buy signal.
Short term - on sell signals.
Gold sector cycle is down.
A major consolidation is in progress.
Holding long for long term gains.

 

Back to homepage

Leave a comment

Leave a comment