
GLD - on buy signal.

SLV - on buy signal.

GDX - on buy signal.

XGD.TO - on buy signal.

CEF - on buy signal.

As expected from last week's update, gold poked above the 200ema just like before and it is at or near a top.
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 9/11.
Traders can play for short term bounces but upside should be limited from here.








