This past week in gold

Jack Chan
Posted Dec 24, 2012

Season's greetings!

GLD – on sell signal.

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SLV – on sell signal.

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GDX – buy signal was short lived, quite common during a down cycle.

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XGD.TO – on sell signal.

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CEF – on sell signal.

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Summary

Long term – on major sell signal.
Short term – on sell signal.
Gold sector cycle - down as of Oct 13.

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Dec 22, 2012
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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