This past week in gold
Posted Mar 24, 2014
GLD – new sell signal this week.
SLV – on sell signal.
GDX – new sell signal this week.
XGD.TO – new sell signal this week.
CEF – on sell signal.
The divergence between gold & silver gave us warning last week to a potential sell off.
Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - down as of 3/21, ending the up cycle since 12/27.
Mar 22, 2014
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