This Past Week In Gold

GLD – on buy signal.

SLV –on buy signal.

GDX – on buy signal.

XGD.TO –on buy signal.

CEF – on buy signal.

A breakout above 250 will confirm the inverted head & shoulder bottom.

Summary

Long term – on major sell signal since Mar 2012.

Short term – on buy signals.

Gold sector cycle – up as of 6/20

COT data suggests a top is forming in metal prices.

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.