This Past Week In Gold

GLD – new sell signal this week.

SLV – on sell signal.

GDX – new sell signal this week.

XGD.TO – new sell signal this week.

CEF – on sell signal.

The divergence between gold & silver gave us warning last week to a potential sell off.

Summary

Long term – on major sell signal since Mar 2012.

Short term – on sell signals.

Gold sector cycle – down as of 3/21, ending the up cycle since 12/27.

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.