This past week in gold
Posted Apr 15, 2013
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.
Gold sector cycle - down as of 4/05.
Some readers emailed me and asked why I have been so conservative in the gold sector. Here is a long term chart which I post to my website for subscribers periodically, as a reminder that the major trend in gold and USD have changed, and until they are reversed once again, be cautious.
Apr 13, 2013
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