This past week in gold

Jack Chan
Posted Mar 7, 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 sell signal.

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CEF – on buy signal.

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

Summary

Long term – on a new major buy signal, ending the major sell signal from early 2012.
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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Mar 5, 2016
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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