This Past Week In Gold
All precious metal equities rermain on Sell Signals.
GLD – on sell signal.
SLV – on sell signal.
GDX – on sell signal.
XGD.TO – on sell signal.
CEF – sell signal this week.
Summary
Long term – on major sell signal since Mar 2012.
Short term – on sell signals.
Gold sector cycle – down as of 11/08.
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.