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This Past Week in Gold

SPDR Gold Trust Shares
GLD - on sell signal.


iShares Silver Trust
SLV - new buy signal.


Market Vectors Gold Miners
GDX - on sell signal.


XGD.TO
XGD.TO - on sell signal.


Central Fund of Canada
CEF - new buy signal.


Summary
Long term - on major sell signal.
Short term - on mixed signals.
Gold sector cycle - down as of Oct 13.
Buy signals during a down cycle could be short lived and often fail, caution is advised.

 

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