Gold ETF trend investing update 06-23-2020

Trend filter benchmark: 20% annualized rate of growth over a 200 day moving average.

The Gold ETF (GLD) is trading 4% above trend. By comparison, the Nasdaq 100 Index ETF (QQQ) is trading 11.2% above trend, and, the S&P 500 Index ETF (SPY) is trading 3.3% below trend.

Published by Trendanomics

Trend investing the markets with simple trend following strategies.

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