Market insights and analysis

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

3rd Quarter | 2021

Market insights and analysis

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

Inflation nation

Last week, the price of gold moved up to $1,800 per ounce following the U.S. consumer price index report on Wednesday (October 13).

Gold declined back to the support level at $1,750 per ounce following a strong U.S. economic report on Friday (August 6). Prices closed last week at $1,763.10 per ounce.

Last week, gold prices continued their upward trend, with the 50-day moving average crossing above the 200-day moving average. The yellow metal closed the week at $1,850.00 per ounce.

Last week, gold declined below the 50-day moving average on the weekly chart, found support at $1,750.00 per ounce, and closed the week at $1,769.00 per ounce.

Last week, gold prices consolidated above the 50-day moving average on the weekly chart, closing the week at $1,879.60 per ounce.

Last week, gold prices found support at the 50-day moving average on the weekly chart and then moved back up toward $1,900 per ounce.

Last week, gold prices broke above their four-month high, closing the week at $1,904.50 per ounce.

Gold prices broke through the weekly 50-day moving average closing the week at $1,838.10 per ounce.

Gold prices declined early last week before rallying and closing at $1,838.10 per ounce.

Gold prices stayed above the 50-day moving average, closing last week at $1,767.20 per ounce.

Gold prices continued their upward trend last week, closing at $1,777.80 per ounce.

Last week, gold prices broke above the 50-day moving average on the daily chart, closing the week at $1,780.20 per ounce.

Gold prices bounced back a second time off the $1,670-per-ounce support level they found three weeks ago.

Gold prices continued moving up from the support level at $1,675.00 per ounce, closing the week up at $1,741.70 per ounce.

Gold prices bounced off the support level at $1,675.00 per ounce, closing the week at $1,719.80 per ounce.

Gold prices continued to fall last week, approaching a support level at $1,675.00 per ounce.

Gold prices broke down below their 50-day moving average, closing the week at $1,728.80 per ounce.

Gold prices continued to consolidate around the center of a large pennant formation on the weekly chart, closing the week at $1,777.40 per ounce.

Gold prices continued to consolidate around $1,800 per ounce, closing last week at $1,823.20 per ounce.

Gold sold off on Friday (1/8), closing just below the 200-day moving average at $1,835.40 per ounce.

Gold prices resumed their upward trend last week, breaking above the 50-day moving average.

Gold rose over 4.5% last week, approaching all-time highs in both spot prices and continuous futures contracts.

Gold prices closed slightly up at $1,810.00 per ounce on Friday (July 17), as the bull market continued for the precious metal.

Gold prices hit $1,829.80 per ounce last week, a nine-year high, before closing the week at $1,801.90 per ounce.

Gold prices had been building a base of support around $1,700 per ounce for several weeks. Last week, prices began to break out from that base of support (see the following chart). Prices moved up steadily, closing at their weekly high of $1,756.30 per ounce.