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This Past Week in Gold

SPDR Gold TrustShares 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.


VanEck Junior Gold Miners WTF Daily Chart
GDXJ – on sell signal.


Gold Bugs Index Weely Chart

Prices are bound by support and resistance, looking for a break either way to determine intermediate direction.

Summary
Long term – on major buy signal.
Short term – on sell signals.
Gold sector cycle is down.
A correction is in progress.

 

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