Past Week In Precious Metals: Gold Sector Cycle Up
Jack Chan | Jan 15, 2019 01:23AM ET
SPDR Gold Shares (NYSE:GLD) – on buy signal.
iShares Silver (NYSE:SLV) – on buy signal.
VanEck Vectors Gold Miners (NYSE:GDX) – on buy signal.
iShares S&P/TSX Global Gold (TO:XGD) – on sell signal.
Sprott Physical Gold and Silver Trust (NYSE:CEF) – on buy signal.
VanEck Vectors Junior Gold Miners (NYSE:GDXJ) – on buy signal.
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Gold
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ARCA Gold BUGS
Tradable bottom in place and the trend is up.
Summary
Long term – on sell signal.
Short term – on mixed signals.
Gold sector cycle is up.
A tradable bottom remains in place and the trend is up.
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