Home   Links   Editorials

This past week in gold

Jack Chan
Posted Oct 22, 2018

GLD – on buy signal.

***

SLV – on buy signal.

***

GDX – on buy signal.

***

XGD.TO – on buy signal.

***

CEF – on buy signal.

***

GDXJ – on buy signal.

***

Speculation remains at multi decade low, but short covering has begun.

Speculation remains at multi decade low, but short covering has begun.

A tradable bottom is now in place.

Need to see a breakout from the down channel to reverse the intermediate trend.

Summary

Long-term – on sell signal.
Short-term – on buy signals.
Gold sector cycle is up.
A tradable bottom is now in place.

###

Oct 20, 2018
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.

We also provide coverage to the major indexes and oil sector.

321gold Ltd