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This past week in gold

Jack Chan
Posted Jul 14, 2014

GLD – on buy 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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A breakout above 250 will confirm the inverted head & shouder bottom.

Summary

Long term - on major sell signal since Mar 2012.
Short term - on buy signals.
Gold sector cycle - up as of 6/20.
COT data suggests a top is forming in metal prices.

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Jul 12, 2014
Jack Chan
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email: jack@simplyprofits.org
website: www.simplyprofits.org

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