This past week in gold
Posted Nov 21, 2011
GLD – new sell signal.
SLV – new sell signal.
GDX – new sell signal.
XGD.TO – new sell signal.
CEF – new sell signal.
Long term – on major buy signal.
Short term – on sell signals.
No harm done as we were invested on the short side and did not trade the recent buy set ups.
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.
We also provide coverage to the major indexes and oil sector.
End of update
Nov 19, 2011