Buy Signals in Place for Gold, Silver, Oil

July 4, 2016

Technical analyst Jack Chan charts major buy signals for gold, silver and oil.

Our proprietary cycle indicator reached 100% this week, which is the highest level ever. It cannot go higher, but prices can remain firm at current levels.

[…] Gold in on a new major buy signal.

[…] Silver is also on a new major buy signal.

Summary

A bull market in gold and silver is now confirmed, but for risk management, we shall wait for the next cycle bottom to begin accumulating positions for the long term.

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