This past week in gold

Jack Chan
Posted Aug 17, 2015

GLD – on buy signal.

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SLV – on buy signal.

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GDX – on buy signal.

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XGD.TO – on buy signal.

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CEF – on buy signal.

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The big trend remains down although we may see another multi month consolidation to begin now.

Summary

Long term – on major sell signal since Mar 2012 when $HUI was at 550.
Short term – on buy signals.
Gold sector cycle – up as of 8/14.
Traders can consider some positions if risks are manageable.

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Aug 15, 2015
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

Disclosure
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