This past week in gold

Jack Chan
Posted Feb 13, 2012

GLD - on buy signal.

SLV - on buy signal.

GDX - on buy signal.

XGD.TO - on buy signal.

CEF - sell signal this week.

Summary

Long term - on major buy signal.

Short term - on mixed signals.

Gold stocks continue to under perform the metals which is a concern, but as long as the gold cycle is up, we stay long and will re-enter if we are stopped out.

###

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.

We also provide coverage to the major indexes and oil sector.

End of update

Feb 11, 2012
Jack Chan

Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd