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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 Vecors Gold Miners
GDX - on sell signal.



XGD.TO - on sell signal.


Central Fund of Canada
CEF - on sell signal.


HUI:GLD

Until the trend on above chart is reversed, gold stocks will continue to under perform.


Summary
Long term - on major sell signal.
Short term - on sell signals.
We remain neutral and out of the gold sector until a cycle bottom and new buy signals.

 

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