This past week in gold
May 11, 2009
GLD – buy signal.
SLV – buy signal.
GDX – buy signal.
XGD.TO – on buy signal.
All four ETFs are on buy signals.
Two of them gave us set ups this week, and we will wait for set ups on the other two.
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
May 9, 2009