This past week in gold
Posted Oct 15, 2012
GLD – sell signal this week.
SLV – on sell signal.
GDX – sell signal this week.
XGD.TO – sell signal this week.
CEF – sell signal this week.
The divergence between gold and stocks has resulted in a sell off in both stocks and metals this week. If past history is a guide, a multi week correction is now in progress.
Long term – on major sell signal.
Short term – on sell signals.
Oct 13, 2012
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