This Week in Gold
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
Summary
All ETFs remain on sell signals, as traders continue to sit on cash. Gold is in a bull market and sell signals are exit signals for traders, and not signals for short selling.
Investors continue to hold core positions from our August buy signals, and can add to positions upon new signals and set ups.
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Disclaimer: Words of caution: public readers of my commentaries should exercise their own judgment as to whether to buy or sell anything. Never trade based on other people's analysis. Knowing which way to place our bets is only half of the formula to success. Wishing you peace and profits......................................