This past week in gold
Posted Oct 3, 2016
GLD – on sell signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on sell signal.
Our leading indicator remains favorable.
Long term – on major buy signal.
Short term – on mixed signals.
Gold sector cycle – is up.
We had some low risk setups this week and became moderately invested.
Oct 1, 2016
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and oil sector.