This past week in gold By Jack Chan

GLD – on sell signal.

SLV – neutral.

GDX – on sell signal.

XGD.TO – on sell signal.

Summary

Long term – on major buy signal.

Short term – on sell signals.

We continue to hold our core positions, waiting for new buy signals and set ups to add to positions.

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.

We also provide coverage to the major indexes and oil sector.

End of update