This Past Week in Gold
GLD - new buy signal this week.
SLV - on sell signal.
GDX - new buy signal this week.
XGD.TO - new buy signal this week.
CEF - on sell signal.
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.