This Past Week in Gold

By: Jack Chan | Sun, Aug 24, 2014
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SPDR Gold Trust Shares Daily Chart
GLD - back to sell signal this week.

iShares Silver Trust Daily Chart
SLV - on sell signal.

Market Vectors Gold Miners Daily Chart
GDX - back to sell signal this week.

XGD.TO Daily Chart
XGD.TO - back to sell signal this week.

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

HUI Gold Bugs Index Daily Chart
The inverted head & shoulder bottom has yet to materialize as prices have trouble breaking resistance so far.

Long term - on major sell signal since Mar 2012.
Short term - on sell signals.
Gold sector cycle - down as of 8/8
COT data suggests a top is in for the metals.



Jack Chan

Author: Jack Chan

Jack Chan

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