This past week in gold

11/05/2011

GLD – on buy signal.
SLV – on buy signal.

GDX – on buy signal.
XGD.TO – on buy signal.
CEF – on buy signal.

Summary
Long term – on major buy signal.
Short term – on buy signals.
We had set ups this week but risks were more than manageable. Hoping for a pullback for low risks entries.

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.
End of update