This week in gold
Nov 26, 2007
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
All ETFs remain on sell signals, but if prices stay firm at current
levels, we could see new buy signals in the next few days.
Gold is in a bull market and
sell signals are exit signals for traders, and not signals for
Investors continue to hold
core positions from our August buy signals, and can add to positions
upon new setups.
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 24, 2007