Market insights and analysis

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

1st 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.

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

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

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 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.

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.

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 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.

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).

Stagflation paradox

Following the release of the U.S. employment report on Friday (October 8), gold prices shot up to the 50-day moving average and then settled back down to the support at $1,750 per ounce.

Last week, gold prices continued to find support at $1,750 per ounce.

Gold prices retraced to find support at $1,750 per ounce last week.

Last week, gold prices retraced back to support levels found at the 50-day moving average.

Gold resumed its upward surge on Friday (September 3), when the U.S. employment report for August showed a shocking shortfall in new jobs.

After the tragic deaths of 13 United States service members last week in Afghanistan, gold prices surged above both the 50-day and 200-day moving averages, closing the week at $1,819.50 per ounce.

Gold rose above its previous support level at $1,750 per ounce last week to close the week at $1,784 per ounce.

Gold fell to its previous support level at $1,670 per ounce last Wednesday (August 11) on the report that the consumer price index (CPI), a measurement of the changes in the retail prices of the same goods and services over time, slowed in July.

Gold prices resumed their upward move last week, keeping the 50-day moving average above the 200-day moving average. The metal closed the week at $1,817.20 per ounce.

Gold prices moved sideways, closing last week at $1,801.80 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 prices found support at the $1,750-per-ounce level before continuing to climb. They ended the week at $1,810.60 per ounce.

Last week, gold found support at $1,750 per ounce before moving back up. Gold closed the week at $1,783.30 per ounce.

Last week, gold prices consolidated after finding support at the $1,750-per-ounce level, closing the week at $1,777.80 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 spiked last Thursday (May 6) and continued rising Friday after the release of a weak U.S. jobs report.

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.

Last week, gold prices continued moving up off the “double bottom” pattern identified in last week’s article. They broke above the resistance trend line that began at the start of 2021 and then approached the 50-day moving average before closing the week at $1,744.80 per ounce.

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

Gold prices moved sideways last week, closing at $1,732.30 per ounce.

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 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.