Jack Chan
Technical Analyst & Editor
Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.
Jack Chan Articles
Summary: Long term – on major SELL signal. Short term – on mixed signals. Gold sector cycle is down. $$$ We closed out all of our positions with good profits.
Gold sector is now on a new long-term SELL signal. Our proprietary cycle indicator is DOWN. Gold broke support, confirming the $1900 level as a “failed recovery top”. When resistance is established, prices look for support.
Our proprietary cycle indicator is DOWN. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.
Our proprietary cycle indicator is now DOWN. Our ratio is on sell signal. The sharp rally in USD this week has resulted in a double bottom. A strong dollar is not friendly to the metals.
Our proprietary cycle indicator is up. Gold sector remains on long term BUY at the end of May. Long term – on major BUY signal. Short term – on mixed signals. Gold sector cycle is up, Be long and stay long.
Gold sector remains on long term BUY at the end of May. Our proprietary cycle indicator is up. Gold has found major support, and next resistance is at 1950.
Our proprietary cycle indicator is up. Long term – on major BUY signal. Short term – on buy signals. Gold sector cycle is up, be long and stay long. $$$ We are 60% invested. Disclosure
Our proprietary cycle indicator is up. Long term – on major BUY signal. Short term – on buy signals. Gold sector cycle is up, be long and stay long. $$$ We are 60% invested.
Our proprietary cycle indicator is up. Gold sector remains on long-term BUY at the end of April. Gold sector cycle is up, be long and stay long.
Our proprietary cycle indicator is up. Gold sector remains on long-term BUY at the end of April. Gold has found major support, and next resistance is at 1950.
