Dec 01 BBBBB This past week in gold Jack Chan

This past week in gold

Jack Chan
Posted Dec 1, 2014

GLD – on buy signal.
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SLV – on buy signal.
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GDX – on buy signal.
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XGD.TO – on buy signal.
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CEF – on buy signal.

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USD finally broke out of the multi year consolidation and base building, and above the 200ema for the first time in over a decade. This is not supportive for the metals for a long time to come.