
GLD - on sell signal.

SLV - on sell signal.

GDX - on sell signal.

XGD.TO - on sell signal.

CEF - on sell signal.

Divergences between gold and gold stocks often lead to trend changes.
Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on sell signals.
Gold sector cycle - up as of 11/14.
COT data suggests lower metal prices overall going forward.








