This Past Week In Gold

July 6, 2013

GLD – on sell signal.

 

SLV – on sell signal.

GDX – on sell signal.

 

XGD.TO – on sell signal.                              

 

USD – on major buy signal since Nov 2011, and until that changes, the mighty dollar is the preferred currency over gold.

 

Summary

Long term – on major sell signal since Mar 2012.

Short term – on sell signals.

Gold sector cycle – continues to whipsaw.

www.simplyprofits.org

The symbol for silver ‘AG’ comes from the Latin word ‘agentum’ meaning silver.

Silver Phoenix Twitter                 Silver Phoenix on Facebook