GLD - on buy signal.
SLV -on buy signal.
GDX - on buy signal.
XGD.TO -on buy signal.
CEF - on buy signal.
This week's COT data is shocking as speculation went from extreme bearish to extreme bullish in just three weeks. Caution is advised.
Long term - on major sell signal since Mar 2012.
Short term - on buy signals.
Gold sector cycle - up as of 6/20
With COT data already at levels of previous tops, upside is limited and risk has increased for the sector, caution is advised.