
  GLD - on sell signal.

  SLV - on sell signal.

  GDX - on sell signal.

  XGD.TO - on sell signal.

  CEF - on sell signal.

Our ratio remains on sell signal, but can change soon if prices continue to firm up in coming days.
Summary
  Long term - on major sell signal since Mar 2012 when $HUI was at 550.
  Short term - on sell signals.
  Gold sector cycle - down as of 8/8
  COT data suggests a major bottom is not in yet for the metals.


 
				


 
								 
				 
				 
				 
	
	
	
	



