This Past Week in Gold

GLD – buy signal this week.

SLV – buy signal this week.

GDX – on buy signal.

XGD.TO – on buy signal.

Long term investors – do not panic out of your core holdings until there is a monthly close below the seven year trendline support.

Summary

All four ETFs are on buy signals this week. We had one set up and waiting on the other three.

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.

End of update