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This week in gold

Jack Chan
Nov 12, 2007

GLD - remains on buy signal from 9/04.


SLV - on buy signal, but risk was too high on set up.


GDX - we had a great entry but was stopped out flat.


XGD.TO - also a great entry but stopped out flat.

We added to positions last week upon set ups, but got stopped out this week at breakeven, except GLD which is still open with stops at B/E.

Investors continue to hold core positions from our August buy signals.

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

Nov 9, 2007
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd