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Market Impact: 0.18

Asa Gold and Precious Metals Breaks Below 200-Day Moving Average

Source: Nasdaq

Market Technicals & FlowsCommodities & Raw Materials

Asa Gold and Precious Metals (ASA) fell about 3.7% Thursday and broke below its 200-day moving average of $61.52, trading as low as $60.30. The technical breakdown is a negative near-term signal for the fund but is unlikely to have broader market impact.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.28

Ticker Sentiment

ASA-0.45

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