GLD - on buy signal.
SLV - on buy signal.
GDX - on buy signal.
XGD.TO - on buy signal.
CEF - on buy signal.
USD finally broke out of the multi year consolidation and base building, and above the 200ema for the first time in over a decade. This is not supportive for the metals for a long time to come.
Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on buy signals.
Gold sector cycle - up as of 11/14.
COT data suggests a major bottom is not in yet for the metals.
