This past week in gold
Mar 22, 2010
GLD – back on buy signal, but for how long?
Should see a break either way next week.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.
Long term – on major buy signal.
Short term – on buy signals.
We have tightened stops to remove and reduce risks on our positions. Prices need to reverse up sharply and soon or we will get stopped out.
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 20, 2010