Current best gold and metal ETFs to buy and to sell

Gold has suffered a correction since mid December 2009. below are tables showing the current status with all gold ETFs in terms of valuation. We computed the RSI daily, weekly, and monthly values.

Short term:

By ordering the RSI daily values we can obtain a measure of what is overbought and oversold in the short term:

In the short term we see that PTD, GDX, and the Canadian HGU are oversold. There are no overbought ETFs in this list.

Long term:

Similarly for the long term, we use the RSI- monthly values:

We can see that ZSL, GLL, DZZ and DGZ are oversold. here are several overbought ETFs, including the most traded of all, GLD. The worst are PGM and DBB.

Overall

Over takes into account all time frames, averaging all three RSI values.

Overall, only PTD is oversold.

Names

Here are the ETF names and average daily volumes: