RE: Stan Weinstein's Stage Analysis
(2016-02-23, 03:36 PM)isatrader Wrote: Gold is in Stage 2 in Canadian Dollars, and well above the 2013 breakdown level. One of the strongest markets for gold currently.
Here are two securities. One is an ETF that currently holds 35 (mainly Canadian gold stocks) and the other holds gold/silver bullion. Having missed the initial breakout I guess the next opportunity would be a pull back to the 30 week MA on reduced volume.
XGD.TO -iShares S&P/TSX Global Gold Index ETF (An ETF of 35 gold stocks)
![[Image: XGD.TO.png]](https://dl.dropboxusercontent.com/u/54910156/XGD.TO.png)
CEF-A.TO - Central Fund of Canada Limited (Bullion)
![[Image: CEF-A.TO.png]](https://dl.dropboxusercontent.com/u/54910156/CEF-A.TO.png)