This past week in gold

Jack Chan
Posted Oct 10, 2016

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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The uptrend has ended and a correction is in progress.

Summary

Long term – on major buy signal.
Short term – on sell signals.
Gold sector cycle – is down.
Our modest positions were stopped out with small losses.
We shall now wait for the next cycle bottom, and when the correction has ended.

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Oct 8, 2016
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

Disclosure
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