Gold's (NYSEARCA:GLD) "short-term" tape is damaged, says Ned Davis Research, but the bullish long-term charts and the macro backdrop remain in place. Behind the recent pain is an upturn in real interest rates since the August 2011 gold peak, driven most recently by a "cliff-dive" in inflation expectations.
Gold's (NYSEARCA:GLD) "short-term" tape is damaged, says Ned Davis Research, but the bullish...
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| Symbol | Last Price | % Chg |
|---|---|---|
| GLD | - | - |
| SPDR® Gold Shares ETF | ||