This Past Week In Precious Metals
Jack Chan | Nov 19, 2018 07:21AM ET
SPDR Gold Shares (NYSE:GLD) – on sell signal.
iShares Silver (NYSE:SLV) – on sell signal.
VanEck Vectors Gold Miners (NYSE:GDX) – on sell signal.
iShares S&P/TSX Global Gold (TO:XGD) – on sell signal.
Sprott Physical Gold and Silver Trust (NYSE:CEF) – on sell signal.
VanEck Vectors Junior Gold Miners (NYSE:GDXJ) – on sell signal.
Get The News You Want
Speculation remains at multi decade low, allowing for a potentially substantial short covering rally in the near future.
Silver
Speculation remains at multi decade low.
ARCA Gold BUGS
Tradable bottom remains in place.
VanEck Vectors Gold Miners (NYSE:GDX)
Prices found support and rallied sharply.
Summary
Long term – on sell signal.
Short term – on sell signals.
Gold sector cycle is up.
A tradable bottom remains in place.
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