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This Past Week in Gold

SPDR Gold Trust Shares
GLD - on sell signal.


iShares Silver Trust
SLV - on sell signal.


Market Vectors Gold Miners
GDX - on sell signal.


XGD.TO
XGD.TO - on sell signal.


Central Fund of Canada
CEF - on sell signal.

Summary
Long term - on major buy signal.
Short term - on sell signals.

Risk management has prevented us from taking on new positions recently and kept us out of harm's way. Gold cycle is near a bottom and we shall wait for new buy signals.

Here is a chart we posted for our subscribers recently, quite a shocker for gold bulls. This is not a prediction or forecast, just the chart telling us to be cautious.

US Dollar Index

 

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