• 3 days Banking Stocks Could Be Set For Another Bumper Year
  • 4 days Crypto Mining Migration Continues As Bans Line Up
  • 5 days The Meme Stock Craze Could Lose Out to Crypto
  • 8 days Banking Sector Booming As Stock Market Lags
  • 9 days Has Bitcoin Stopped Bleeding? Some Analysts Seem To Think So
  • 9 days Amazon ‘Competitor’ Charged With Crypto Fraud Scheme
  • 10 days As Competition Heats Up, Cable TV Mega-Merger Revived
  • 11 days China’s Road To Tech Independence
  • 16 days 3 Major Bearish Catalysts For The U.S. Economy In 2022
  • 17 days VR Industry Boomed During Holiday Season
  • 18 days 3 Global eCommerce Brands Have Overtaken Amazon
  • 19 days Another Banner Year for Billionaires
  • 23 days Top 3 Predictions For Bitcoin In The New Year
  • 25 days China Moves To Tighten Rules For Companies Looking To List Abroad
  • 25 days Fake Reviews Go All The Way To The Top
  • 32 days Airlines Want The Government To Ditch Emergency Testing For Covid-19
  • 33 days The Service Robot Industry Is Booming
  • 37 days The 3 Biggest Market Risks In 2022
  • 40 days Fintech Valuations Have Grown Red-Hot
  • 47 days DIDI Delisting Is A Worrying Sign For Investors Holding Chinese Stocks
  1. Home
  2. Markets
  3. Other

06-19-2017: The Past Week In Gold

(Click to enlarge)

GLD – on sell signal.

(Click to enlarge)

SLV – on sell signal.

(Click to enlarge)

GDX – on sell signal.

(Click to enlarge)

XGD.TO – on sell signal.

(Click to enlarge)

CEF – on sell signal.

(Click to enlarge)

GDXJ – on buy signal.

(Click to enlarge)

The trend in gold is up.

(Click to enlarge)

The multi month consolidation is now near completion.

Summary

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

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.

By Jack Chan for Safehaven.com

Back to homepage

Leave a comment

Leave a comment