Home   Links   Editorials

This past week in gold

Jack Chan
Nov 10, 2008

GLD - on sell signal.

A triangle consolidation is in progress.


SLV - on buy signal.


GDX - on buy signal.


XGD.TO - on buy signal.


Only GLD remains on a sell signal, and with the triangle consolidation, we could see one final spike to a new low. A lower low on the metals with higher lows in gold stocks would be a positive divergence and we can become aggressive buyers in the sector.

Nov 8, 2008
Jack Chan

email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd