This past week in gold

Jack Chan
Posted Jun 8, 2015

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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Gold stocks broke the multi month consolidation this week, suggesting lower prices ahead.

Summary

Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on sell signals.
Gold sector cycle – down as of 5/16.
Caution is advised.

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Jun 6, 2015
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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