This past week in gold
Jan 4, 2010
GLD – on sell signal.
SLV – on sell signal.
GDX – on sell signal.
XGD.TO – on sell signal.
Long term – on a major buy signal.
Short term – on sell signals. A correction is in progress and we are fully hedged against a potential multi month correction/consolidation.
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.
End of update
Dec 31, 2009