This Past Week in Gold

This past week in gold

By Jack Chan at www.simplyprofits.org

03/06/2010


GLD – on buy signal.

SLV – on buy signal.

GDX – on buy signal.

XGD.TO – on buy signal.

Summary

Long term – on major buy signal.

Short term – on buy signals.

We had great set ups and we added to positions.

The gold cycle (not shown) has turned up from the most oversold level since the 2008 crash.

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.

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