Courtesy of Jack Chan www.simplyprofits.org
GLD – on buy signal as of early May
SLV – same here.
GDX – sell signal this week.
This last buy set up produced an 18% profit.
XGD.TO – sell signal this week.
Unlike GDX, this Cdn ETF only produced a tiny profit, due mainly to the extreme currency fluctuation of the past few weeks.
Summary
Two out of the four ETFs gave us sell signals this week.
The other two should follow.
