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Market Impact: 0.2

DGZ Makes Notable Cross Below Critical Moving Average

Market Technicals & FlowsCommodities & Raw MaterialsDerivatives & Volatility

DB Gold Short ETN (DGZ) traded below its 200-day moving average, crossing under $5.52 and hitting $5.46 intraday. The ETF is down about 2.1% on the day, indicating near-term bearish technical pressure tied to gold-short exposure.

Analysis

DB Gold Short ETN (DGZ) traded below its 200-day moving average, crossing under $5.52 and hitting $5.46 intraday. The ETF is down about 2.1% on the day, indicating near-term bearish technical pressure tied to gold-short exposure.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20