Both the SPDR Gold Trust (GLD) and iShares Silver Trust (SLV) have had trouble at different times this year with closing above the +10% year-to-date (YTD) level. Last Wednesday, these exchange-traded funds (ETFs) each experienced an intraday failure shy of +10% YTD, with gold coming the closest.
This might be of particular interest with recent talk of gold futures clearing resistance at $1,300 an ounce.
The Case for Big Moves in IWM and QQQ
Featured Partners: AOL DailyFinance
© 2014 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242
Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: email@example.com
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.