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This past week in gold

Jack Chan
Nov 2, 2009

GLD – sell signal this week.


SLV – sell signal this week.


GDX – on sell signal.


XGD.TO – on sell signal.


Long term – we are on a major buy signal.
Short term – All four ETFs are now on sell signals, a correction is in progress.

We are holding a core position and look to add to positions upon new buy 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 31, 2009
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd