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This week in gold

Jack Chan
Jan 28, 2008

GLD - on buy signal as of 12/24.


SLV - on buy signal as of 12/24.


GDX - on sell signal.


XGD.TO - on sell signal.

The metals ETFs continue to be on buy signals while the stock ETFs have moved to a sell signal. This divergence between metals and stocks often leads to a correction in both, unless this time is different.

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 26, 2008
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd