This past week in gold

Jack Chan
Posted Feb 27, 2018

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 sell signal.

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Speculation is in bull market values.

Data is supportive for overall higher prices.

This is a massive bottoming pattern four years in the making.

Summary

Long term – on major buy signal.
Short term – on sell signals, a pullback is in progress.
Gold sector cycle is down.
COT data is supportive for overall higher metal prices.
We are holding long term positions.

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Feb 24, 2018
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.

We also provide coverage to the major indexes and oil sector.

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