This Past Week in Gold

SLV – on sell signal.

GDX – sell signal this week.

XGD.TO – sell signal this week.

Summary

Long term – on major sell signal.

Short term – on sell signals.

Gold sector cycle – down as of 4/05.

We were stopped out with a small loss and shall wait for new buy signals and set ups.

Disclosure

We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

We also provide coverage to the major indexes and oil sector.