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This past week in gold

Jack Chan
Posted Feb 29, 2016

GLD – on buy signal.

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SLV – on sell signal.

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GDX – on buy signal.

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XGD.TO – on buy signal.

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CEF – on sell signal.

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COT data remains in bear market values and is now at levels of previous tops.

Summary

Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on mixed 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 27, 2016
Jack Chan
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email: jack@simplyprofits.org
website: www.simplyprofits.org

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