
GLD - on sell signal.

SLV - on sell signal.

GDX - on sell signal.

XGD.TO - on sell signal.

CEF - on sell signal.

From a long term perspective, gold must not close below the 50ema ($1414) on a monthly basis, or a much deeper correction can take prices down to the 200ema ($869).
Summary
Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - down as of 4/05.








