This past week in gold

Jack Chan
Posted Oct 24, 2016

GLD – on sell signal.

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SLV – on sell signal.

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GDX – on buy signal.

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XGD.TO – on buy signal.

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CEF – on sell signal.

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GDX is testing resistance.

The Canadian gold stock ETF is also testing resistance.

Summary

Long-term – on major buy signal.
Short-term – on mixed signals.
Gold sector cycle – is down but can be bottoming.
Trend is down.
Correction continues but can end soon.

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Oct 22, 2016
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

Disclosure
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