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.
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.
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.
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