This Past Week in Gold

GLD – on sell signal.

 

A constant reminder that the major trends in gold/USD have reversed two years ago. Its wise not to live in the past.

Summary

Long term – on major sell signal since Mar. 2012.

Short term – on sell signals.

Gold sector cycle – continues to whipsaw.

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.

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