• It's Coming...

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Gold (GLD) continues to move into full blown crash mode after testing our TRADE line of resistance at $1490/oz and failing miserably. It's back at $1445/oz now, down over -1.5% on the day. A strong US dollar and growth and consumption moving full speed ahead do not bode well for the precious metal that everyone is now reconsidering.

Gold's Demise - YTDGOLD