Correction In Gold And Silver Underway

A bull market in gold and silver has been confirmed, but the cycle is down and a correction is in progress. We are short GLD with tight stops.

There is a need for a correction in the gold and silver markets.

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Our proprietary cycle indicator is down.

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We are short GLD with a tight stop.

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Our ratio remains on sell signal.

Summary
A bull market in gold and silver has been confirmed, but the cycle is down and a correction is in progress. We are short GLD with tight stops.

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