This past week in gold

Jack Chan
Posted Feb 18, 2013

GLD – new sell signal this week.

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SLV – new sell signal this week.

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GDX – on sell signal.

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XGD.TO – on sell signal.

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CEF – new sell signal this week.

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Summary

Long term – on major sell signal.
Short term – on sell signals.
Gold sector cycle - down as of Oct 13.
COT data - currently not supportive of a new up cycle, caution is advised.

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Feb 16, 2013
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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