This past week in gold
Jan 26, 2009
GLD - buy signal this week.
SLV - buy signal this week.
GDX - close but not quite.
XGD.TO - buy signal this week.
All except one ETF are on buy
signals this week.
If prices can stay strong and
higher for the next few weeks, the configs will become bullish
again and buy set ups will be favorable.
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
Jan 24, 2009