This week in gold
Oct 22, 2007
GLD - remains on buy signal
SLV - on sell signal as of
GDX - on sell signal as of
XGD.TO - on sell signal as
Only GLD remains on a buy signal.
The flip flop of the past two weeks did us no harm as we waited
for set ups which did not materialize.
Investors continue to hold
a core position in the sector with stops at breakeven.
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 20, 2007