This past week in gold

Jack Chan
Posted Jun 24, 2013

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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A constant reminder that the major trends in gold/USD have reversed two years ago. It's wise not to live in the past.

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Summary

Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - continues to whipsaw.

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Jun 22, 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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