SPDR Gold Shares (NYSE:GLD)
iShares Silver (NYSE:SLV)
VanEck Vectors Gold Miners (NYSE:GDX)
iShares S&P/TSX Global Gold (TO:XGD)
Sprott Physical Gold and Silver Trust (NYSE:CEF)
VanEck Vectors Junior Gold Miners (NYSE:GDXJ)
Speculators are now net long.
Speculators are now net long.
Higher highs and higher lows indicates an uptrend.
Summary
Long term – on sell signal.
Short term – on buy signals.
Gold sector cycle is up.
A tradable bottom remains in place.
Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.