This past week in gold

Jack Chan
Posted Apr 25, 2016

GLD – on sell signal.

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SLV – on buy signal.

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GDX – on buy signal.

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XGD.TO – on buy signal.

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CEF – on buy signal.

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Speculation remains at bear market values and gold prices are below the 2015 high.

Summary

Long term – on a new major buy signal, ending the major sell signal from early 2012.
Short term – on mixed signals.
Gold sector cycle – up.
Once a bull market is confirmed in the gold sector, I will begin buying/accumulating at cycle bottoms as we did beginning in 2001.

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Apr 23, 2016
Jack Chan
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email: jack@simplyprofits.org
website: www.simplyprofits.org

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