Gold Coils for $4K π The Daily Chart Report
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Todayβs Summary
Tuesday, July 22, 2025
Indices: Russell 2000 +0.79% | Dow +0.40% | S&P 500 +0.06% | Nasdaq -0.50%
Sectors: 10 of the 11 sectors closed higher. Health Care led, gaining +1.86%. The only sector that closed lower was Tech, falling -0.93%.
Commodities: Crude Oil fell -0.97% to $65.31 per barrel. Gold rose +1.09% to $3,444 per oz.
Currencies: The US Dollar Index dropped -0.46% to $97.40.
Crypto: Bitcoin is currently up +2.16% at $119,972. Ethereum is down -1.14% at $3,721.
Volatility: The Volatility Index fell -0.90% to 16.49.
Interest Rates: The US 10-year Treasury dropped to 4.348%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Yuriy Matson (@yuriymatso).
- Gold logged its second-highest daily close on record today, settling at $3,444/oz. It peaked at $3,500 on April 22nd, just one week after stocks bottomed.
- While stocks have roared back to life over the past three months, Gold has gone nowhere. However, the metal has still outperformed by a wide margin over the past year, gaining +42% versus +15% for the S&P 500.
- Yuriy notes that Gold has coiled into a tight range, setting the stage for a meaningful rally toward $4,000/oz. Seasonality is turning favorable, and sentiment has chilled since appearing on the cover of Barronβs shortly before its peak three months ago.
The Takeaway: Gold is testing record highs after coiling in a tight three-month range. With sentiment cooling off and seasonality turning bullish, a breakout could spark a new leg higher toward $4,000/oz.
Quote of the Day
"Itβs not the answers that make you good in this business, itβs the questions you ask. If you ask the right questions, you will always find out more than the next guy."
- Michael Price
Top Links
Five Things We Are Watching - Carson Research
Ryan Detrick highlights a few noteworthy charts to watch in the near term.
The Missing July Volatility - CappThesis
Frank Cappelleri breaks down the recent price action and patterns in the S&P 500.
How Low Volatility Streaks End Matter! - Almanac Trader
Jeff Hirsch examines the recent lack of volatility in the S&P 500.
Second Place β But Not for Long?π₯ - The Daily Number
Grant Hawkridge highlights an important test in the Growth vs. Value ratio ($IWD/$IWF).
Chart Of The Day: ARK Fintech - The Rotation Report
Aaron Jackson looks at the rally in Fintech stocks ($ARKF).