This past week in gold
Posted Jan 9, 2017
GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.
Gold stocks testing resistance.
Long-term – on major buy signal.
Short-term – on buy signals.
Gold sector cycle is up.
We remain neutral and out of this sector until conditions are favorable for long-term accumulations.
Jan 7, 2017
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and oil sector.