This past week in gold
Apr 14, 2008
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on buy signal this week.
Only one out of four ETFs has a confirmed buy signal as of Friday.
Next week is pivotal, as a breakout will see more buy signals,
and a breakdown will likely indicate that the correction isn't
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
Apr 12, 2008