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This past week in gold

Jack Chan
Posted Jul 13, 2015

GLD – on sell signal.


SLV – on sell signal.


GDX – on sell signal.


XGD.TO – on sell signal.


CEF – on sell signal.


(Click on image to enlarge)

Speculation is now at levels of previous bottoms.


Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on sell signals.
Gold sector cycle – down as of 5/16.
Caution is advised, but gold sector could be bottoming.


Jul 11, 2015
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

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