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This past week in gold

Jack Chan
Posted Dec 10, 2012

GLD – new sell signal this week.


SLV – on buy signal.


GDX – on sell signal.


XGD.TO – on sell signal.


CEF – new sell signal.


The long term ratio broke down this week, therefore, upon a cycle bottom and new buy signals, metal ETFs are preferred over stock ETFs.


Long term – on major sell signal.
Short term – on mixed signals.
Gold sector cycle - down as of Oct 13.


Dec 8, 2012
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

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