This past week in gold
Posted Mar 5, 2012
GLD – sell signal this week.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – sell signal this week.
Long term – on major buy signal.
Short term – on mixed signals.
As long as the gold cycle is up, we continue to hold our positions with stops and will add to positions upon new set ups.
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
Mar 3, 2012