This Past Week in Gold

By: Jack Chan | Sat, Oct 13, 2012
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SPDR Gold Trust Shares
GLD - sell signal this week.


iShares Silver Trust
SLV - on sell signal.


Market Vectors Gold Miners
GDX - sell signal this week.


XGD.TO
XGD.TO - sell signal this week.


Central Fund of Canada
CEF - sell signal this week.


GLD

The divergence between gold and stocks has resulted in a sell off in both stocks and metals this week. If past history is a guide, a multi week correction is now in progress.

Summary
Long term - on major sell signal.
Short term - on sell signals.

 


 

Jack Chan

Author: Jack Chan

Jack Chan
www.simplyprofits.org

Disclosure:
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