This past week in gold
Aug 25, 2008
GLD - on sell signal.
SLV - on sell signal.
GDX - buy signal this week.
XGD.TO - buy signal this week.
The two stock ETFs have buy
signals this week while the two metal ETFs are still on sell.
Next week's closing prices which are also end of month prices
will be very influential for the near future.
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 24, 2008