This past week in gold
Jack Chan
Posted Jan 12, 2015
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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A flag is in progress.
Summary
Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on buy signals.
Gold sector cycle – up as of 11/14.
COT data suggests lower metal prices overall going forward.
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Jan 10, 2015
Jack Chan
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email: jack@simplyprofits.org
website: www.simplyprofits.org
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