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This Past Week in Gold

SPDR Gold Trust Shares
GLD - new buy signal this week.


iShares Silver Trust
SLV - on sell signal.


Market Vectors Gold Miners
GDX - new buy signal this week.


XGD.TO
XGD.TO - new buy signal this week.


Central Fund of Canada
CEF - on sell signal.


Summary
Long term - on major sell signal.
Short term - on mixed signals.
Gold sector cycle - down as of Oct 13.
COT data is becoming supportive for a multi week rally soon.
We took some small positions this week with tight stops, and may consider further allocations upon new set ups if risks are manageable.

 

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