This Past Week In Gold

Long-term on major sell signal since March 2012. Short term on mixed sell signals. Gold sector cycle down as of November 2008

GLD – on sell signal.

SLV – on sell signal.

GDX – on sell signal.

XGD.TO – on sell signal.

CEF – new buy signal.

Summary

Long term – on major sell signal since Mar 2012.

Short term – on mixed signals.

Gold sector cycle – down as of 11/08.

COT data is now favorable for a bear market rally.

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.