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This Past Week in Gold
GLD – on sell signal.
SLV – on sell signal.
GDX – on sell signal.
XGD.TO – on sell signal.
CEF – on sell signal.
The uptrend has ended and a correction is in progress.
Long term – on major buy signal.
Short term – on sell signals.
Gold sector cycle – is down.
Our modest positions were stopped out with small losses.
We shall now wait for the next cycle bottom, and when the correction has ended.