This week in gold
Nov 19, 2007
GLD - sell signal this week,
ending our buy signal from early September.
SLV - sell signal this week
GDX - sell signal this week.
XGD.TO - sell signal this week.
GLD was stopped out flat this week while other positions were
stopped out flat last week, avoiding the big sell off this week.
We shall now wait for new signals and set ups as long as the
configuration remains bullish.
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 17, 2007