GLD, the gold ETF: a decline losing its push
GLD, the gold ETF, slips 0.1% as the sell signal loses momentum in week 20
GLD, the gold ETF: a decline losing its push
This week's summary
GLD, the gold ETF, has been under Sell-signal management for 20 weeks, with the short position up 10.12% since entry. This week price barely moved (-0.1%), but under the surface the picture is getting messier: the ADX keeps fading, money flow is sliding deeper into distribution, and momentum just accelerated to the downside. Price action shows an indecisive stretch, with sellers only slightly ahead on the last bar.
Ongoing decline
·20th week from start
·US stocks
·T2
IQS Phase
57
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#115 / 138
US stocks
Trade P&L %
+10.12%
from signal to date, no stop loss
Rank position
ranks 115th among the 138 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorETF Tematico
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
GLD belongs to the etf tematico sector (reference ETF ).
restricted Platinum content