This past week in gold

Jack Chan
Posted Nov 19, 2018

GLD – on sell signal.

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SLV – on sell signal.

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GDX – on sell signal.

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XGD.TO – on sell signal.

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CEF – on sell signal.

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GDXJ – on sell signal.

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Speculation remains at multi decade low, allowing for a potentially substantial short covering rally in the near future.

Speculation remains at multi decade low.

Tradable bottom remains in place.

Prices found support and rallied sharply.

Summary

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

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Nov 17, 2018
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

We also provide coverage to the major indexes and oil sector.

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