
GLD - new sell signal this week.

SLV - on sell signal.

GDX - new sell signal this week.

XGD.TO - new sell signal this week.

CEF - on sell signal.

The divergence between gold & silver gave us warning last week to a potential sell off.
Summary
Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - down as of 3/21, ending the up cycle since 12/27.








