This week in gold
Nov 12, 2007
GLD - remains on buy signal from 9/04.
SLV - on buy signal, but risk was too high on set
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