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This Past Week in Gold

SPDR Gold Trust Shares
GLD - on buy 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 - back to sell signal this week.


Summary
Long term - on major sell signal.
Short term - on mixed signals.
Gold cycle is now at levels of previous bottoms. However we are on major sell signal, therefore, new positions can be considered for trading and not long term holdings.

 

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