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This Past Week in Gold

SPDR Gold Trust Shares Daily Chart
GLD - on sell signal.


iShares Silver Trust Daily Chart
SLV - on sell signal.


VanEck Gold Miners ETF Daily Chart
GDX - on sell signal.


XGD.TO Daily Chart
XGD.TO - on sell signal.


Central Fund of Canada Daily Chart
CEF - on sell signal.


Gold Daily Chart

COT data is now favorable for a recovery.

Summary
Long term - on major buy signal.
Short term - on sell signals.
Gold sector cycle - is down.
Trend is down.
Correction continues but can end soon.

 

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