first majestic silver

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

Gold sector cycle is now down. Trend is up for gold and gold stocks..
Our proprietary cycle indicator is now DOWN. Current data favors overall lower gold prices.
Our proprietary cycle indicator is now DOWN. Current data favors overall lower gold prices.
Our proprietary cycle indicator is UP. 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.
Trend is UP for gold. Trend is UP for gold stocks. Trend is UP for USD. Our ratio is on buy signal. Speculation is now at overbought level.
Our proprietary cycle indicator is UP. Gold has broken out firmly and has no overhead resistance. A double bottom will be positive for gold stocks
Gold has broken out firmly and has no overhead resistance. Gold sector cycle is up. Trend is up for gold and gold stocks.
Gold has broken out firmly and has no overhead resistance. Our proprietary cycle indicator is UP. Our ratio is on buy signal. Trend is UP for gold stocks. Trend is UP for gold.
Gold has broken out firmly and has no overhead resistance. A double bottom in this long term ratio between gold and gold stocks suggests that gold stocks may begin to outperform and play catch up soon.
Gold sector cycle is up. Trend is up for USD and down gold stocks. A new high in gold and a lower high in gold stocks results in a divergence.

Gold is one of the most recycled substances in the world.

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