This past week in Gold

This past week in gold

By Jack Chan at www.simplyprofits.org

11/14/2009


GLD – on buy signal.


SLV – on sell signal.


GDX – on buy signal.


XGD.TO – on buy signal.

Summary

Long term – we are on a major buy signal.

Short term – All four ETFs except one are on buy signals.

We are holding a core position and look to add to positions upon new 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.