{"id":92672,"date":"2016-07-11T18:43:55","date_gmt":"2016-07-11T22:43:55","guid":{"rendered":"http:\/\/countingpips.com\/?p=92672"},"modified":"2016-07-11T18:43:55","modified_gmt":"2016-07-11T22:43:55","slug":"gold-bull-confirmed-what-next","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/gold-bull-confirmed-what-next\/","title":{"rendered":"Gold Bull Confirmed: What Next?"},"content":{"rendered":"<div id=\"inves-3603071906\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 11, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By The Gold Report<\/strong><\/p>\n<p><a href=\"https:\/\/www.streetwisereports.com\/pub\/na\/17034\">https:\/\/www.streetwisereports.com\/pub\/na\/17034<\/a><\/p>\n<p>Technical analyst Jack Chan confirms a bull market for gold and lays out his investment strategy.<\/p>\n<p><a href=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/07\/JCs_ProIndicator.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-92755\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/07\/JCs_ProIndicator.png\" alt=\"JCs_ProIndicator\" width=\"508\" height=\"391\" \/><\/a><\/p>\n<p>Our proprietary cycle indicator reached 100%, which is the highest level ever. It cannot go higher, but prices can remain firm at current levels.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.streetwisereports.com\/images\/chanUpdateGold.jpg\" alt=\"chanUpdateGold\" \/><\/p>\n<p>Speculation according to COT data is now back at bull market values.<\/p>\n<p><b>Summary<\/b><br \/>\nA 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. A multiweek correction is long overdue and can start anytime.<\/p><div id=\"inves-383597727\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>&nbsp;<\/p>\n<p><i> <a href=\"https:\/\/www.streetwisereports.com\/pub\/htdocs\/expert.html?id=13839&amp;utm_medium=feed\" target=\"_blank\"> Jack Chan <\/a> is the editor of simply profits at <a href=\"http:\/\/www.simplyprofits.org\/\" target=\"_blank\">www.simplyprofits.org<\/a>, 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 U.S. dollar bottom in 2011.<\/i><\/p>\n<p class=\"bodySignup\">Want to read more <i>Gold Report<\/i> interviews like this?<a href=\"https:\/\/www.streetwisereports.com\/pub\/htdocs\/signupnow.html?utm_medium=feed\" target=\"_blank\"> Sign up<\/a> for our free e-newsletter, and you&#8217;ll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our<a href=\"https:\/\/www.streetwisereports.com\/pub\/htdocs\/exclusive.html?utm_medium=feed\" target=\"_blank\"> Streetwise Interviews<\/a> page.<\/p>\n<p><b>Disclosure:<br \/>\n<\/b>1) Statement and opinions expressed are the opinions of Jack Chan and not of Streetwise Reports or its officers. Jack Chan is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation or editing so the author could speak independently about the sector. The author was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.<br \/>\n2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports&#8217; terms of use and full legal <a href=\"https:\/\/www.streetwisereports.com\/disclaimer\/?utm_medium=feed\" target=\"_blank\">disclaimer<\/a>. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.<br \/>\n3) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their families are prohibited from making purchases and\/or sales of those securities in the open market or otherwise during the up-to-four-week interval from the time of the interview until after it publishes.<\/p>\n<p>Charts courtesy of Jack Chan<\/p>\n<p>Streetwise &#8211; <a href=\"https:\/\/www.theaureport.com\/\"><i>The Gold Report<\/i><\/a> is Copyright \u0160 2016 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part.<\/p>\n<p>Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported.<\/p>\n<p>Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734.<\/p>\n<p>Participating companies provide the logos used in <i>The Gold Report<\/i>. These logos are trademarks and are the property of the individual companies.<\/p>\n<p>101 Second St., Suite 110<br \/>\nPetaluma, CA 94952<\/p>\n<p>Tel.: (707) 981-8999<br \/>\nFax: (707) 773-5020<br \/>\nEmail: <a href=\"mailto:info@streetwisereports.com\">info@streetwisereports.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By The Gold Report https:\/\/www.streetwisereports.com\/pub\/na\/17034 Technical analyst Jack Chan confirms a bull market for gold and lays out his investment strategy. Our proprietary cycle indicator reached 100%, which is the highest level ever. It cannot go higher, but prices can remain firm at current levels. Speculation according to COT data is now back at bull [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-92672","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=92672"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92672\/revisions"}],"predecessor-version":[{"id":92756,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92672\/revisions\/92756"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}