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This Past Week In Gold 06-12-2017

By: Jack Chan | Monday, June 12, 2017



GLD – on buy signal.



SLV – on buy signal.



GDX – on buy signal.



XGD.TO – on buy signal.



CEF – on buy signal.



GDXJ – on buy signal.



The trend in gold is up.



Gold stocks are consolidating.

Summary

Long term – on major buy signal.
Short term – on buy signals.
Gold sector cycle is down.
A major consolidation is in progress.
Holding long for long term gains.

By Jack Chan for Safehaven.com

Author: Jack Chan

Jack Chan
www.simplyprofits.org

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.

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