This Past Week in Gold

07/11/2010
By Jack Chan

www.simplyprofits.org


GLD – on sell signal.
SLV – on sell signal.
GDX – on sell signal.
XGD.TO – on sell signal.

Summary
Long term – on major buy signal.
Short term – on sell signals.
We continue to hold our core positions, and wait for new signals and 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.
We also provide coverage to the major indexes and oil sector.

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Jack Chan Jack Chan

I began sharing my trading model with a few like minded fellow traders in 2001, and the circle began to grow. The teaching and mentoring became a full time job, and by late 2003, I had to leave my family business and launched my advisory service in early 2004. The rest is history, as thousands of active traders and investors around the world are now benefitting from our unprecedented and unmatched service. Welcome to our family of traders and investors.

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