This Past Week in Gold

By: Jack Chan | Sat, Jan 12, 2013
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SPDR Gold Trust Shares
GLD - on sell signal.


iShares Silver Trust
SLV - new buy signal this week.


Market Vectors Gold Miners
GDX - on buy signal.


XGD.TO
XGD.TO - on buy signal.


Central Fund of Canada
CEF - new buy signal this week.


Summary
Long term - on major sell signal.
Short term - on mixed signals.
Gold sector cycle - down as of Oct 13.
COT data - currently not supportive of a new up cycle, caution is advised.

 


 

Jack Chan

Author: Jack Chan

Jack Chan
www.simplyprofits.org

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