Followers | 686 |
Posts | 142524 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
![](https://investorshub.advfn.com/uicon/35728.png?cb=1539773763)
Sunday, November 19, 2023 7:25:55 PM
By: Jack Chan | November 19, 2023
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-1.jpg)
Our proprietary cycle indicator is UP.
To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term whipsaws. But overall, the cycle indicator provides us with a clear direction how we should be speculating.
Investors
Accumulate positions during an up cycle and hold for the long term.
Traders
Enter the market at cycle bottoms and exit at cycle tops for short term profits.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-2.jpg)
GLD is on short term sell signal.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-3.jpg)
GDX is on short term sell signal.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-4.jpg)
XGD.to is on short term sell signal.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-5.jpg)
GDXJ is on short term sell signal.
Analysis
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-6.jpg)
Expect higher gold prices overall.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-7.jpg)
Our ratio is on a sell signal.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-8.jpg)
Trend is now DOWN for USD.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-9.jpg)
Trend is UP for gold stocks.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-10.jpg)
Trend is UP for gold.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-11.jpg)
A bottoming pattern in progress.
![](http://www.gold-eagle.com/sites/default/files/images2020/jc111823-12.jpg)
Gold is also in the process of a bottoming pattern.
Summary
Gold sector cycle is up.
Trend is now up for gold and gold stocks, and down for USD.
$$$ We are partially invested.
Read Full Story »»»
![](http://studentaid.gov/universal-navigation/assets/us_flag_small.png)
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent GDX News
- YieldMax GDXY Name Change • GlobeNewswire Inc. • 01/25/2024 04:22:00 PM
- Surging S&P 500 Breadth • ValueWalk • 07/19/2023 03:16:37 PM
- S&P 500 Corrects In Breadth • ValueWalk • 07/18/2023 03:08:49 PM
- If The USDX Fell So Much, Why Didn’t Gold Truly Soar? • ValueWalk • 07/17/2023 05:16:20 PM
- USD’s Decline That’s… Bearish For Gold?! • ValueWalk • 07/12/2023 02:38:08 PM
- S&P 500 Late Day Reversal Worry • ValueWalk • 07/10/2023 03:17:34 PM
- Massive Gaming Celebrates Global Launch of House of Blackjack with USDC Earning Race • ValueWalk • 07/10/2023 02:44:17 PM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM