This Past Week in Gold
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
CEF - new buy signal.
The $HUI 150 area is now major resistance, therefore, the lower prices can go during this sell off, the better potential return during the next tradable bottom.
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on mixed signals.
Gold sector cycle - down as of 5/16.
A tradable bottom should be in progress soon, be patient.