Gold Price Exclusive Update, January 3, 2026

Technical Analyst & Editor
January 3, 2026

Our proprietary cycle indicator is now DOWN.

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

GLD is on short term sell signal.

GDX is on short term sell signal.

XGD.to is on short term buy signal.

GDXJ is on short term sell signal.

Analysis

Higher price at lower speculation is a concern.

Our ratio is on a sell signal.

Trend is DOWN for USD.

Trend is UP for gold stocks.

Trend is now down for gold.

GDXJ is testing the 2011 high.

We want to share with you this long term chart, as the current silver price trajectory reminds me of the previous bull market.

-           Parabolic rise is unsustainable, and often occurs at the later stage of a bull market.

-           The current rise matches both in time and price gain in percentage.

-           Bull market tops are not a single day event, as the topping process can take weeks to months. Therefore, folks who are invested and sitting on good profits need not to panic, but at the same time not to be complacent. New money should not chase the market at current prices, as risk/reward is no longer favorable.

Summary

Gold sector cycle is now DOWN.

Trend is up for gold stocks, down for USD & gold.

We have taken profits and will wait for new set ups.

Disclosure

We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

*******

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.

The world’s largest gold nugget is 61 lbs, 11 oz and is on display in Las Vegas.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook