This week in gold
Feb 11, 2008
GLD - sell signal this week.
SLV - on buy signal as of 12/24.
GDX - on sell signal.
XGD.TO - on sell signal.
Both gold and silver remain
strong while GDX and XGD.TO are consolidating. If prices stay
firm next week, we could see new buy signals in the sector.
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
Feb 9, 2008