Last Week In Precious Metals
Jack Chan | Sep 17, 2018 09:18AM ET
GLD (NYSE:GLD) – on buy signal.
iShares Silver (NYSE:SLV) – on sell signal.
GDX (NYSE:GDX) – on sell signal.
XGD.TO – on buy signal.
Sprott Physical Gold and Silver Trust (NYSE:CEF) – on sell signal.
VanEck Vectors Junior Gold Miners (NYSE:GDXJ) – on buy signal.
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Speculation remains at multi decade low.
Speculation remains at multi decade low.
h3 Summary/h3Long term – on sell signal.
Short term – on mixed signals.
Gold sector cycle is down.
COT data is at extreme levels which suggests that a recovery will soon occur.
Looking to exit our long term positions upon a recovery rally.
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