Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

2nd Quarter | 2022

Market insights and analysis

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Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

The value of gold and the value of the U.S. dollar typically have an inverse relationship.

Last week, gold prices slid down to the Fibonacci retracement level of 39% from the high in April.

Last week, gold prices consolidated above support at $1,700.00 per ounce.

A historical conundrum

Last week, gold prices declined before finding support at $1,700.00 per ounce.

Volcker redux?

Last week, gold moved sideways off its 50-day moving average.

Mild recession?

Last week, gold prices continued to consolidate around their 50-day moving average.

Gold prices held the breakout of their 50-day average last week. The metal closed the week at $1,805 per ounce.

Last week, gold prices caught back up to their 50-day average.

Last week, gold prices continued rising after the Federal Reserve meeting.

Last week, gold prices bounced off support at $1,700 per ounce.

Gold prices declined last week until they found support at $1,700 per ounce.

Last week, gold prices broke down through the year’s lows.

Last week, gold prices tested the lows for the year before bouncing back.

Last week, gold prices continued to hold steady around their 200-day moving average.

Gold prices remained between their 50-day and 200-day moving averages, closing last week at $1,849.90 per ounce.

Gold prices surged toward their 50-day moving average after the consumer price index (CPI) for May was released on Friday (June 10).

Last week, gold prices consolidated between the 50-day and 200-day moving averages.

Gold prices bounced off the 200-day moving average after breaking through last week.

Last week, gold prices bounced up off this year’s previous support levels.

Last week, gold prices slid down to previous support levels.

Last week, the price of gold continued to consolidate between its 50-day and 200-day moving averages.

Last week, gold prices retraced back to previous support levels before turning back up on the daily chart.

Last week, the price of gold broke above $2,000 per ounce and then retraced back to its 50-day moving average.

Last week, gold prices broke out from their consolidation, climbing steadily upward.

Economic war

Last week, gold prices consolidated above their support level at $1,900 per ounce.

Gold and rubles

Gold prices once again tested the support level at $1,900 per ounce.

Gold prices climbed after testing support at $1,900 per ounce, closing the week at $1,954.20 per ounce.

Gold prices tested support at $1,900 per ounce before rallying to close the week at $1,929.30 per ounce.

Gold prices broke decisively above the $2,000.00 per ounce barrier, hitting $2,075.00 per ounce, before falling back to $1,985.00 per ounce to close the week.

Currency wars

The price of gold climbed last week, challenging the high it reached when news broke that Russia invaded Ukraine.

The price of gold shot up last Thursday (February 24) when news broke that the Russian invasion of Ukraine had begun.

The price of gold surged again last week, moving above last November’s highs, and is now poised to challenge the highs from last summer.

The price of gold surged 1.9% on Friday (February 11), hitting a three-month high, and then closed the week at $1,842.10 per ounce.

Last week, gold continued its consolidation, finding support at its 50-day and 200-day moving averages.

In a tumultuous week for the equity and gold markets, gold fell from $1,831.80 per ounce the previous week to $1,786.60 per ounce as of January 28.

Last week, gold prices continued to trend upward after finding support at their 50-day and 200-day moving averages.

Inflation on the rise

Last week, gold prices continued to hold above their 50-day and 200-day moving averages.

Inflation fuel

Last week, gold prices retraced back to support at their 50-day and 200-day moving averages.

Last week, gold prices continued to move up off their 50-day and 200-day moving averages.

Omicron strikes

Gold prices stayed above their 50-day and 200-day moving averages, closing the week at $1,811.70 per ounce.

Has inflation peaked?

Last week, gold prices broke above their 50-day and 200-day moving averages.

Inflation nation

Last week, gold prices continued to consolidate around their 50-day and 200-day moving averages, remaining above the support level at $1,760 per ounce.

Last week, gold prices consolidated around their 50-day and 200-day moving averages, bounced off support at $1,760 per ounce, and then closed the week at $1,783.90 per ounce.

Last week, gold retraced back to the support line of the “pennant formation” it had broken out of the previous week, coming back to its 50-day and 200-day moving averages.

Gold’s next leg up

Two weeks ago, gold shot up above its 50-day and 200-day moving averages, resolving the major “pennant formation” breakout to the upside.

Gold shot up above its 50-day and 200-day moving averages last week before surging even higher on alarming inflation reports worldwide.

Last week, the gold spot price was up 1.96% and the U.S. Dollar Index was up 0.21%.

Last week, the price of gold shot up back above its 50-day and 200-day moving averages after breaking down midweek.

Last week, gold prices remained above the 50-day moving average.

Gold broke decisively above both its 50-day and 200-day moving averages last week.