Gold Sector Cycle Is Up
Jack Chan | Feb 26, 2017 04:03AM ET
GLD (NYSE:GLD) – on buy signal.
SLV (NYSE:SLV) – on buy signal.
GDX (NYSE:GDX) – on sell signal.
XGD.TO (TO:XGD) – on sell signal.
CEF (NYSE:CEF) – on buy signal.
FCX (NYSE:FCX) – we are long from 10.64, holding for long term gains.
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Prices have met resistance and a pullback is in progress.
Summary
Long term – on major buy signal.
Short term – on mixed signals.
Gold sector cycle is up.
Holding FCX for long term gains.
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