This Past Week in Gold
GLD - on buy signal.
SLV - buy signal failed.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on buy signal.
The long term trend remains down, with a multi month consolidation is progress.
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 10/30.
Only aggressive and nimble traders should participate in the current market condition.
Preferably, wait for the completion of the recovery and begin shorting again.