GDX And XGD.TO On Buy Signal
Jack Chan | Oct 23, 2016 02:17AM ET
(NYSE:GLD) – on sell signal.
(NYSE:SLV) – on sell signal.
(NYSE:GDX) – on buy signal.
(TO:XGD) – on buy signal.
(NYSE:CEF) – on sell signal.
(NYSE:GDX) is testing resistance.
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The Canadian gold stock ETF is also testing resistance.
Summary
Long term – on major buy signal.
Short term – on mixed signals.
Gold sector cycle – is down.
Trend is down.
Correction continues but can end soon.
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