Factors Weighing on Downward Gold Outlook (Podcast)

Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and losers among exchange traded funds.

This week, Lydon looked at the SPDR Gold Shares (GLD). Gold fell below key long-term support – it settled below 200-day simple moving average last Thursday.

Click here to listen to the podcast.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.