This past week in gold
Aug 18, 2008
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
All four ETFs remain on sell signals this week and likely will
remain so for the coming week. We continue to be patient and
wait for signals and set ups.
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 setups
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
Aug 16, 2008