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This past week in gold

Jack Chan
www.simplyprofits.org
Posted Oct 5, 2009

GLD – on sell signal.

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SLV – on sell signal.

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GDX – on sell signal.

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XGD.TO – on sell signal.

Summary

Long term – we are back on a major buy signal.
Short term – all four ETFs remain on sell signals this week.
We are holding a core position and look to add to positions upon new set ups.

Disclosure
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

Oct 3, 2009
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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