GLD â on sell signal.
SLV â on sell signal.
GDX â on buy signal.
XGD.TO â on buy signal.
CEF â on sell signal.
As long as the dollar continues to consolidate, pressure is off the metals. But a breakoutÂ on the dollar can trigger a major sell off in the metals.
Long term â on a new major buy signal, ending the major sell signal from early 2012.
Short term â on mixed signals.
Gold sector cycle â is now down.
Investors should consider accumulating gold stocks/ETFs at the next cycle bottom.