This past week in gold
Posted Aug 22, 2011
GLD – on buy signal.
SLV – buy signal this week.
GDX – on buy signal.
XGD.TO – on buy signal.
CEF – buy signal this week.
Long term – on major buy signal.
Short term – on buy signals.
So far we have no set ups to re-enter this market and we will not chase momentum.
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
Aug 20, 2011