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This Past Week in Gold

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


iShares Silver Trust Daily Chart
SLV - on buy signal.


VanEck Vectors Gold Miners Daily Chart
GDX - on buy signal.


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


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


VanEck Vectors Junior Gold Miners Daily Chart
GDXJ - on buy signal.


Gold Bugs Index Weekly Chart

A breakout is confirmed this week, suggesting that the multi month correction since last summer is now complete.

Summary
Long term - on major buy signal.
Short term - on buy signals.
Gold sector cycle is up.
Trend is up.
A new bull leg up is in progress.

 

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