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This past week in goldJack Chan
GLD - on sell signal. A triangle consolidation is in progress. ***
SLV - on buy signal. ***
GDX - on buy signal. ***
XGD.TO - on buy signal. Summary 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 321gold Ltd |
