This Week in Gold

GLD - on sell signal.

SLV - on sell signal.

GDX - on sell signal.

XGD.TO - on sell signal.

Summary

All ETFs remain on sell signals, but if prices stay firm at current levels, we could see new buy signals in the next few days.

Gold is in a bull market and sell signals are exit signals for traders, and not signals for short selling.

Investors continue to hold core positions from our August buy signals, and can add to positions upon new set ups.

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Disclaimer: Words of caution: public readers of my commentaries should exercise their own judgment as to whether to buy or sell anything. Never trade based on other people's analysis. Knowing which way to place our bets is only half of the formula to success. Wishing you peace and profits......................................