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This Past Week in Gold

SPDR Gold Trust Shares Chart
GLD - on sell signal.


iShares Silver Trust Chart
SLV - on buy signal.


Market Vectors Gold Miners Chart
GDX - on sell signal.


XGD.TO Chart
XGD.TO - on sell signal.


Central Fund of Canada Chart
CEF - on sell signal.


SPDR Gold trust Shares Chart 2

The big trend in gold remains firmly down until resistance is broken and support established.

Summary
Long term - on major sell signal since Mar 2012.
Short term - on mixed signals.
Gold sector cycle - down as of 8/09.

 

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