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This past week in gold

Jack Chan
Posted Oct 15, 2012

GLD – sell signal this week.


SLV – on sell signal.


GDX – sell signal this week.


XGD.TO – sell signal this week.


CEF – sell signal this week.


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.


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


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

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