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This past week in gold

Jack Chan
Posted Jan 24, 2018

GLD – on buy signal.


SLV – on buy signal.


GDX – on buy signal.


XGD.TO – on buy signal.


CEF – on buy signal.


GDXJ – on buy signal.


Speculation is in bull market values.

Speculation recovered sharply from the lowest level in years.

The pullback this week is in the process of an inverted head & shoulder bottom.


Long-term – on major buy signal.
Short-term – on buy signals.
Gold sector cycle is up, suggesting that the multi-month correction is complete.
COT data is supportive for overall higher metal prices.
We are holding long-term positions.


Jan 20, 2018
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

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