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Here's this week's update for the exchange-traded funds that track U.S. Treasury bond yields, gold bullion, utility stocks and junk bonds. These are "flight to safety" investment choices for investors seeking less risk than stocks.

The yield on the 30-year U.S. bond is trading in between its pre-Brexit vote high of 2.563%, set on June 23, and its all-time intraday low of 2.089%, set on July 11. Last week's low yield was a return to my annual pivot, or magnet of 2.265%. The 200-day simple moving average begins the week at 2.544%, with new monthly and quarterly risky levels of 2.112% and 2.096%, respectively.

Investors can trade the U.S. Treasury 30-year bond like a stock using the 20+ Year Treasury Bond ETF (TLT) - Get iShares 20+ Year Treasury Bond ETF Report , which is an exchange-traded fund backed by a basket of U.S. Treasury bonds with maturities of 20 years to 30 years. As a stock-type investment, it never matures, and interest income is converted to periodic dividend payments.

Comex gold futures set a second-half 2016 high of $1,377.5 on July 6, then traded as low as $1,305.5 on Sept. 1. This range is still in play. My value level for the fourth quarter is $1,215.7 and my risky level for October is $1,463.7.

Investors can trade gold like a stock using the SPDR Gold Shares ETF (GLD) - Get SPDR Gold Shares Report , which is backed by gold bullion.

The Dow utility average set its all-time intraday high of 723.83 on July 6, then traded as low as 655.98 on Sept. 9, setting the trading range. The utility average is between its 200-day simple moving average of 655.11 and its 50-day simple moving average of 685.26. The utility average is still under the influence of my semiannual pivot at 670.81, as it was last week. My risky level for the fourth quarter is 700.14, and my risky level for October is 729.26.

Investors seeking the safety of dividends can trade the Utilities Select Sector SPDR Fund (XLU) - Get Utilities Select Sector SPDR Fund Report , which is a basket of 28 utility stocks.

Investors betting that junk bond yields will tighten against U.S. Treasury bonds should consider the SPDR Barclays High Yield Bond ETF (JNK) - Get SPDR Bloomberg High Yield Bond ETF Report . Keep in mind that the performance of junk bonds correlates to the stock market, not to the bond market. This ETF set its 2016 high of $36.76 on Aug. 29, and a new high is feasible as long as the ETF stays above its 50-day simple moving average of $36.35.

The year-to-date gain for S&P 500 SPDR ETF (SPY) - Get SPDR S&P 500 ETF Trust Report rose to 6.1% last week. The U.S. Treasury bond ETF, the gold ETF and the utility stocks ETF still outperform the S&P 500, with year-to-date gains of 14%, 23.8% and 13.2%, respectively, vs. 13.5%, 25.8% and 17.7% a week ago.

Here's the weekly chart for the bond ETF.

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Courtesy of MetaStock Xenith

The weekly chart has been upgraded to neutral from negative, with the bond ETF just above its key weekly moving average of $137.25 and well above its 200-day simple moving average of $119.88. The weekly momentum reading ended last week at 39.60, down from 43.58 on Sept. 23.

Investors looking to buy the bond ETF should continue to do so on weakness to $135.04 and $132.45, which are key level on technical charts until the end of 2016.

Investors looking to reduce holdings should consider doing so on strength to $140.80, which is a key level on technical charts until the end of October.

Here's the weekly chart for the gold ETF.

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Courtesy of MetaStock Xenith

The weekly chart has been downgraded to negative. The gold bullion ETF ended last week back below its key weekly moving average of $126.41, but still above its 200-week simple moving average of $123.37, which it has been above since the week of July 1. The weekly momentum reading ended last week at 43.26, down from 52.74 on Sept. 23.

Investors looking to buy the gold ETF should do so on weakness to $120.95, which is a key level on technical charts until the end of 2016.

Investors looking to reduce holdings should consider doing so on strength to $129.03, which is a key level on technical charts until the end of October.

Here's the weekly chart for the utilities ETF.

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Courtesy of MetaStock Xenith

The weekly chart for utilities has been upgraded to neutral from negative, with the utilities ETF below its key weekly moving average of $49.88. This ETF continues to stay well above its 200-week simple moving average of $42.84. The weekly momentum reading ended last week at 26.65, up from 25.32 on Sept. 23.

Investors looking to buy the utilities ETF should do so on weakness to $46.45, which is a key level on technical charts until the end of 2016. My key level of $50.05 should be a magnet until the end of 2016, as it was in the last two weeks.

Investors looking to reduce holdings should consider selling strength to $53.25, which is a key level on technical charts until the end of October.

Here's the weekly chart for the junk bond ETF.

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Courtesy of MetaStock Xenith

The weekly chart for the junk bond ETF remains positive but overbought, with the ETF above its key weekly moving average of $36.36, and still well below its 200-week simple moving average of $38.72. This ETF has been below its 200-week SMA since the week of Nov. 14, 2014, as the junk bond bubble was popping. Back then the 200-week SMA was $40.16. The weekly momentum reading ended last week at 83.69, up slightly from 83.48 on Sept. 23.

Investors looking to buy the junk bond ETF should do so on weakness to $34.13, which is a key level on technical charts until the end of 2016.

Investors looking to reduce holdings should do so on strength to $37.17, which is a key level on technical charts until the end of 2016.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.