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DB Gold Double Long ETN Breaks Above 200-Day Moving Average

Market Technicals & Flows

DB Gold Double Long ETN (DGP) broke above its 200-day moving average at $170.76, trading up about 2.3% to as high as $171.34 on Thursday. The move is a technical bullish signal, with no underlying fundamentals or policy changes cited in the report.

Analysis

DB Gold Double Long ETN (DGP) broke above its 200-day moving average at $170.76, trading up about 2.3% to as high as $171.34 on Thursday. The move is a technical bullish signal, with no underlying fundamentals or policy changes cited in the report.

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