This past week in gold

Jack Chan
www.simplyprofits.org
Posted Jun 27, 2011

GLD – on sell signal.

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SLV – sell signal this week.

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GDX – buy signal this week but no set up yet.

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XGD.TO – buy signal this week but no set up yet.

CEF – on buy signal.

Summary

Long term – on major buy signal.
Short term – on mixed signals.
We had two new buy signals and a new sell signal this week. We may consider a modest allocation upon set ups, respecting the increased volatility in the markets.

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Disclosure
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.

We also provide coverage to the major indexes and oil sector.

End of update

Jun 25, 2011
Jack Chan

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

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