This past week in gold
Posted Feb 15, 2016
GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.
One of my criteria to confirm a bull market is when COT data has returned to bull market values.
Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on buy signals.
Gold sector cycle – up.
Once a bull market is confirmed in the gold sector, I will begin buying/accumulating at cycle bottoms as we did beginning in 2001.
Feb 13, 2016
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.