This past week in gold
GLD – on buy signal.
In a bull market, the 200ema often acts as support for pullbacks and corrections, where investors accumulate positions for the long-term.
SLV – on buy signal.
GDX – on sell signal.
XGD.TO – on sell signal.
CEF – on sell signal.
GDXJ – on sell signal.
Speculative activity favors overall higher gold prices.
Speculative activity favors overall higher silver prices.
A pullback in the dollar is supportive to the metals.
Long-term – on major buy signal.
We also provide coverage to the major indexes and oil sector.