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This past week in gold

Jack Chan
Posted Aug 31, 2009

GLD – on buy signal.


SLV – on sell signal, barely.


GDX – on buy signal.


XGD.TO – buy signal this week.


We had text book set ups on two of the four ETFs this week, and risk was manageable. Looking for more set ups for further allocations.

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

Aug 29, 2009
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd