This past week in gold
Posted Oct 5, 2015
GLD – on sell signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on sell signal.
GLD has broken resistance and established support, providing low risk entry.
Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on mixed signals.
Gold sector cycle – up as of 9/11.
Traders can play for short term bounces.
Oct 3, 2015
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