This past week in gold
Posted Apr 2, 2012
GLD – on sell signal.
SLV – on sell signal.
GDX – on sell signal.
XGD.TO – on sell signal.
CEF - on sell signal.
Long term – on major sell signal.
Short term – on sell signals.
A major sell signal is now confirmed, therefore, upon the next cycle bottom, only GLD and CEF remain tradable as long as their configs remain bullish.
do not offer predictions or forecasts for the markets. What you
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therefore, this update may not reflect our current positions
in the markets. Trade at your own discretion.
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End of update
Mar 31, 2012