This past week in gold
Sep 22, 2008
GLD - buy signal this week.
SLV - buy signal this week.
GDX - buy signal this week.
XGD.TO - buy signal this week.
As anticipated from last week, this week all four ETFs have new
buy signals. However, risks are higher than normal as volatility
has increased tremendously not just in gold, but across the board
in the broad market. Risk management is a must.
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
Sep 20, 2008