This past week in gold
Posted Jul 13, 2015
GLD – on sell signal.
SLV – on sell signal.
GDX – on sell signal.
XGD.TO – on sell signal.
CEF – on sell signal.
(Click on image to enlarge)
Speculation is now at levels of previous bottoms.
Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on sell signals.
Gold sector cycle – down as of 5/16.
Caution is advised, but gold sector could be bottoming.
Jul 11, 2015
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