This past week in gold

Jack Chan
Posted Dec 3, 2018

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 buy signal.

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CEF – on buy signal.

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GDXJ – on sell signal.

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Speculation remains at multi decade low, allowing for a potentially substantial short covering rally in the near future.

Speculation remains at multi decade low.

Tradable bottom remains in place.

Summary

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

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Dec 1, 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.

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