This week in gold
Oct 8, 2007
GLD - remains on buy signal
SLV - on sell signal as of
GDX - on sell signal as of
XGD.TO - on sell signal as
All of our trades were stopped
out this week, with 15% profit on GDX, 10% on XGD.TO, 10% on
SLV, and 6% on GLD. Investors holding core positions have stops
at breakeven, and will add to positions when we have new signals
and set ups.
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 6, 2007