This past week in gold
Posted Sep 28, 2009
GLD – sell signal this week.
SLV – sell signal this week.
GDX – sell signal this week.
XGD.TO – sell signal this week.
All four ETFs have sell signals this week. We took partial profits and hold remaining as core positions, in anticipation of a major buy signal by month end.
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 26, 2009