This past week in gold
Posted Oct 12, 2015
GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.
Gold remains in a major bear market, with prices now approaching 200ema resistance again. Upside should be limited from here.
Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on buy signals.
Gold sector cycle – up as of 9/11.
Traders can play for short term bounces.
Oct 10, 2015
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