This Past Week In Gold: Stocks Locked In Down Trend
Jack Chan | Aug 23, 2015 04:10AM ET
GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.
Gold stocks remained locked in a major down trend and until this trend is reversed, buyers beware.
h3 Summary/h3- 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 8/14.
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