This past week in gold
Posted Dec 8, 2014
GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.
This long term chart helps me to stay focused on the big trends and ignore the noise.
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 11/14.
COT data suggests lower metal prices overall going forward.
Dec 6, 2014
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