ZGLD gold ETF: sold today

I sold part of my holding of ZKB Gold ETF (SWX:ZGLD) today at CHF416.60

Gold ETF: bought today

I changed my mind and bought ZKB Gold ETF (SWX:ZGLD) just now at CHF 472.54

ZKB Gold ETF: sold today

I sold half of my holding of ZKB Gold ETF (SWX:ZGLD) today at CHF 473.09 at a profit of 9.4% after one year and 117 days.

Buy signal for gold, but I'll wait some more

 


The trendline I have drawn for the ZKB Gold ETF (SIX:ZGLDUS) shows a buy signal, with the price closing above the line yesterday. However, the price has been falling again during the night, as show on the 15-minute chart on goldprice.org, and therefore I won't buy the ETF yet.

How is gold doing?

The general trend of the ZKB Gold ETF (SIX:ZGLDUS) is up but over the last two weeks the price has been falling. Time to look out for a buy signal, but today is not yet the right moment.

Gold ETF: bought today

I bought the Gold ETF of the Zurich Cantonal Bank (SWX:ZGLD) today at the open at CHF 4,325.43

ZKB Gold ETF: sold today

Gold has had a bumpy ride since I first bought a ZKB Gold ETF (SWX:ZGLD) in May at CHF 4,045. Seeing yesterday's sell signal, I sold it minutes after the opening today at CHF 4,187, resulting in a profit of 3.5% in 198 days.

ZKB Gold ETF: bought today

Gold will go up, I figured, and bought ZKB Gold ETF (ZGLD) today at CHF 4,045.