
GLD - on sell signal.

SLV - on sell signal.

GDX - on sell signal.

XGD.TO - on sell signal.

CEF - on sell signal.

Gold is now in a 13 month consolidation, and if the bear market continues, should see a breakdown in coming months.

A breakout on USD is not supportive for metal prices.
Summary
Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - up as of 6/20
COT data suggests a top is in for the metals.








