"No warning can save people determined to grow suddently rich" - Lord Overstone

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This Past Week in Gold

SPDR Gold Trust Shares
GLD - on buy signal.

Prices testing 200ema again.


iShares Silver Trust
SLV - on buy signal.

Consolidation continues.


Market Vectors Gold Miners
GDX - on buy signal.


XGD.TO
XGD.TO - on buy signal.


Central Fund of Canada
CEF - on buy signal.


Gold Bugs Index
$HUI on long term sell signal since early this year.

Some public readers have requested a long term chart showing the major sell signal and here it is. I will post this chart periodically.

Long term signals are not suitable for short term trading, but for investors to either lighten up on their long term holdings, or to provide a hedge to manage risk.


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

 

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