This past week in gold
06/09/2012
GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.
Summary
Long term – on major sell signal.
Short term – on buy signals.
Gold cycle has bottomed but set ups are counter trend trades, actionable if risks are manageable.
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End of update