This past week in gold

Jack Chan
Posted Jul 3, 2017

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 buy signal.

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Speculation in gold is now at levels of previous bottoms.

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Speculation in silver is now at levels of previous bottoms.

Summary

Long-term – on major buy signal.
Short-term – on mixed signals.
Gold sector cycle is down.
A major consolidation is in progress but now near completion.
Holding long for long-term gains.

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Jul 1, 2017
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.

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