This Past Week in Gold

By: Jack Chan | Sat, Feb 15, 2014
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SPDR Gold Trust Shares Daily Chart
GLD - on buy signal.


iShares Siver Trust Daily Chart
SLV - on buy signal.


Market Vectors Gold Miners Daily Chart
GDX - on buy signal.

XGD.TO Daily Chart
XGD.TO - on buy signal.


Central Fund of Canada Daily Chart
CEF - on buy signal.


SPDR Gld Trust Shares Weekly Chart
Gold has broken out of a multi month downtrend confirming the double bottom.


Spot Silver Weekly Chart
Silver is no longer lagging and has also broken out confirming the double bottom.


Summary
Long term - on major sell signal since Mar 2012.
Short term - on buy signals.
Gold sector cycle - up as of 12/27.

 


 

Jack Chan

Author: Jack Chan

Jack Chan
www.simplyprofits.org

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austrian-money-supply/