This past week in gold
Posted Mar 18, 2013
GLD – new buy signal this week.
SLV – on sell signal.
GDX – new buy signal this week.
XGD.TO – new buy signal this week.
CEF – on sell signal.
Long term – on major sell signal.
Short term – on mixed signals.
Gold sector cycle - down as of Oct 13.
COT data is becoming supportive for a multi week rally soon.
We took some small positions this week with tight stops, and may consider further allocations upon new set ups if risks are manageable.
Mar 16, 2013
do not offer predictions or forecasts for the markets. What you
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therefore, this update may not reflect our current positions
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