This past week in gold

Jack Chan
Posted Oct 15, 2012

GLD – sell signal this week.

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SLV – on sell signal.

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GDX – sell signal this week.

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XGD.TO – sell signal this week.

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CEF – sell signal this week.

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The divergence between gold and stocks has resulted in a sell off in both stocks and metals this week. If past history is a guide, a multi week correction is now in progress.

Summary

Long term – on major sell signal.
Short term – on sell signals.

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Oct 13, 2012
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

Disclosure
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