"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •10 mins | 2,317.40 | -4.90 | -0.21% |
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Platinum •10 mins | 985.30 | +0.70 | +0.07% |
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WTI Crude •10 mins | 79.16 | +0.17 | +0.22% |
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Gasoline •10 mins | 2.540 | +0.009 | +0.34% |
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Ethanol •42 mins | 2.161 | +0.000 | +0.00% |
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Silver •10 mins | 27.59 | -0.01 | -0.04% |
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Silver • 10 mins | 27.59 | -0.01 | -0.04% | |
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Copper • 10 mins | 4.540 | -0.003 | -0.07% | |
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Brent Crude • 31 mins | 83.58 | +0.42 | +0.51% | |
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Natural Gas • 12 mins | 2.178 | -0.009 | -0.41% | |
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Heating Oil • 10 mins | 2.484 | +0.008 | +0.31% |
Forever 21 filed for Chapter…
Wells Fargo has done it…
This aging bull market may…
GLD - on buy signal.
SLV - on sell signal.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on buy signal.
GLD bounced from the recent bottom, but capped by resistance so far. Until resistance is broken and a new uptrend established, caution is advised.
Summary
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 8/28.
Traders can play for short term bounces.
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