This past week in gold

Jack Chan
Posted Feb 15, 2016

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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One of my criteria to confirm a bull market is when COT data has returned to bull market values.

Summary

Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on buy signals.
Gold sector cycle – up.
Once a bull market is confirmed in the gold sector, I will begin buying/accumulating at cycle bottoms as we did beginning in 2001.

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Feb 13, 2016
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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