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Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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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 VBectors Gold Miners ETF Daily Chart
GDX – on sell signal.


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


Central Funbd of Canada Daily Chart
CEF – on sell signal.


HUI:GLD Daily Chart

The ratio is down again, caution is advised.

Summary
Long term – on major buy signal.
Short term – on sell signals.
Gold sector cycle is down.
Correction continues.

 

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