This past week in gold

Jack Chan
Posted Oct 22, 2018

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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GDXJ – on buy signal.

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Speculation remains at multi decade low, but short covering has begun.

Speculation remains at multi decade low, but short covering has begun.

A tradable bottom is now in place.

Need to see a breakout from the down channel to reverse the intermediate trend.

Summary

Long-term – on sell signal.
Short-term – on buy signals.
Gold sector cycle is up.
A tradable bottom is now in place.

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Oct 20, 2018
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

Disclosure
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