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This past week in gold

Jack Chan
www.simplyprofits.org
Apr 27, 2009

GLD – buy signal this week.

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SLV – buy signal this week.

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GDX – sell signal.

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XGD.TO – on sell signal.

Summary

Two out of four ETFs have buy signals this week. If these signals are legit, the other two should follow soon. What is unusual is the fact that the metal ETFs are leading. As always, we wait for set ups to take positions.

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.

End of update

Apr 25, 2009
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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