This past week in gold Jack Chan
Posted May 10, 2016 
GLD – on buy signal. *** 
SLV – on buy signal. *** 
GDX – on buy signal. *** 
XGD.TO – on buy signal. *** 
CEF – on buy signal. *** 
Speculation on gold made a new all time high this week, despite gold being more than $600 lower than the 2011 top. Gold could be making another major top here. Summary
Long term – on a new major buy signal, ending the major sell signal from early 2012.
Short term – on buy signals.
Gold sector cycle – turned down this week.
Caution is advised as a multi week correction may have begun.
### May 10, 2016
Jack Chan
 Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion. We also provide coverage to the major indexes and oil sector. 321gold Ltd
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