This Past Week In Gold – Monday, February 6

Our proprietary cycle indicator is up.

The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.

The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders.

FCX: We are long from 10.64; holding for long-term gains.

Silver is on a long-term buy signal.

SLV is on a short-term buy signal, and short-term signals can last for days to weeks, more suitable for traders.

Summary
The gold sector is on major buy signal. The cycle is up. I am holding FCX for long-term gains.