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This Past Week in Gold

SPDR Gold trust Shares Daily Chart
GLD - on buy signal.


iShares Silver Trust Daily Chart
SLV - on buy signal.

Prices rejected at 200ema resistance with a gap down this week.


Market vectors Gold Miners Daily Chart
GDX - on buy signal.


XGD.TO Daily Chart
XGD.TO - on buy signal.


Central Fund of Canafda Daily Chart
CEF - on buy signal.


SPDR Gold trust Shares Daily Chart 2
There is a divergence in place which prompted a sharp pullback this week.


Summary
Long term - on major sell signal since Mar 2012.
Short term - on buy signals.
Gold sector cycle - up as of 12/27.

 

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