Commodity Prices

Gold •10 mins	1,338.30	-10.50	-0.78%
Platinum •10 mins	931.80	-8.30	-0.88%
WTI Crude •15 hours	68.40	+0.07	+0.10%
Gasoline •15 hours	2.100	+0.017	+0.81%
Ethanol •15 hours	1.499	-0.009	-0.60%
Silver •10 mins	17.16	-0.08	-0.44%

Silver • 10 mins	17.16	-0.08	-0.44%
Copper • 10 mins	3.135	+0.003	+0.10%
Brent Crude • 15 hours	74.06	+0.28	+0.38%
Natural Gas • 15 hours	2.767	+0.072	+2.67%
Heating Oil • 15 hours	2.115	+0.011	+0.52%

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Jack Chan

Jack provides coverage to gold and silver, the major indexes and oil sector.

More Info

This Past Week in Gold

By Jack Chan - Jan 16, 2016, 6:34 AM CST

SPDR Gold Trst Shares Daily Chart
GLD - on buy signal.

iShares Silver Trust Daily Chart
SLV - on buy signal.

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

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

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

HUI:GLD Weekly Chart

The long term trend remains down, stay with it.

Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on mixed signals.
Gold sector cycle - down.
Only aggressive and nimble traders should participate in the current market condition.
Preferably, wait for the completion of the recovery and begin shorting again.

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