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This week in gold

Jack Chan
Sep 3, 2007

GLD - no buy signal yet.

SLV - buy signal this week.

GDX - buy signal this week.

XGD.TO - buy signal this week.

As anticipated from last week, buy signals returned to the gold sector this week except GLD, which is fine; because we want to be invested in gold stock ETFs when stocks outperform bullion, and that is what has been taking place these past two weeks.

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

Sep 1, 2007
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd