Jack Chan

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This past week in gold

By Jack Chan at www.simplyprofits.org 06/12/2010 GLD – on buy signal. SLV – on sell signal. GDX – buy signal this week. XGD.TO – on sell signal. Summary Long term – on major buy signal. Short term – on mixed signals. We continue to hold our core positions, and adding to positions upon new set … Continue reading

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This past week in gold

By Jack Chan at www.simplyprofits.org 06/05/2010 GLD – on sell signal. SLV – sell signal this week. 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, now hedged to protect profits. Disclosure We … Continue reading

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This past week in gold By Jack Chan

GLD – on sell signal. SLV – neutral. 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, waiting for new buy signals and set ups to add to positions. Disclosure We do not … Continue reading

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This past week in gold

By Jack Chan at www.simplyprofits.org 05/22/2010 GLD – sell signal this week. SLV – neutral. GDX – sell signal this week. XGD.TO – sell signal this week. Summary Long term – on major buy signal. Short term – on sell signals. We continue to hold our core positions, waiting for new buy signals and set … Continue reading

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This Past Week in Gold

Many public readers have asked what my current prognosis is for the gold market. I have published a special report for our subscribers in November which continues to be on track and valid for the current market. Here it is in its original content:

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This Past Week in Gold

We have tightened stops to remove and reduce risks on our positions. Prices need to reverse up sharply and soon or we will get stopped out…

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This Past Week in Gold

…..Some of our recently entered positions were stopped out at breakeven this week. But as long as we remain on a major buy signal and the cycle is up, we continue to look for set ups to accumulate positions, while managing risk at the same time….

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