This Past Week in Gold
GLD - on sell signal.
SLV - on sell signal.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on sell signal.
Gold stocks remained locked in a major down trend and until this trend is reversed, buyers beware.
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on mixed signals.
Gold sector cycle - up as of 4/10.
A corrective bounce is in progress.