This past week in gold
Posted Oct 24, 2011
GLD – on sell signal.
SLV – on sell signal.
GDX – on buy signal.
XGD.TO – back to sell this week.
CEF – on sell signal.
Long term – on major buy signal.
Short term – on mixed signals.
Our modest position was stopped out with a small loss this week, and we shall wait for new signals and set ups as long as gold sector remains on long term buy signal and the configs are bullish.
do not offer predictions or forecasts for the markets. What you
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therefore, this update may not reflect our current positions
in the markets. Trade at your own discretion.
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End of update
Oct 22, 2011