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This Past Week in Gold

By: Jack Chan | Saturday, March 9, 2013

SPDR Gold Trust Shares
GLD - on sell signal.


iShares Silver Trust
SLV - on sell signal.


Market vectors Gold Miners
GDX - on sell signal.


XGD.TO
XGD.TO - on sell signal.


Central Fund of Canada
CEF - on sell signal.


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

 

Author: Jack Chan

Jack Chan
www.simplyprofits.org

Disclosure:
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