This past week in gold

Jack Chan
www.simplyprofits.org
Posted Dec 7, 2009

GLD – on buy signal, barely.

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SLV – on buy signal.

Prices testing TL support.

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GDX – sell signal this week.

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XGD.TO – sell signal this week.

Summary

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
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd