Home   Links   Editorials

This past week in gold

Jack Chan
Posted Dec 7, 2009

GLD – on buy signal, barely.


SLV – on buy signal.

Prices testing TL support.


GDX – sell signal this week.


XGD.TO – sell signal this week.


Long term – we are on a major buy signal.
Short term – Two out of four ETFs are now on sell signals. The other two should follow.

We are holding a core position, now fully hedged to guard against a potential multi month correction/consolidation.

Dec 5, 2009
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd