This past week in goldJack Chan
GLD - on buy signal. *** SLV - buy signal this week. *** GDX - on buy signal. *** XGD.TO - on buy signal. Summary All four ETFs are on buy signal. We continue to stay neutral until there are favorable set ups. Disclosure The gold sector is in a bull market, therefore, sell signals are signals to exit and not signals to sell short. In a bull market, we wait for buy signals and setups to initiate or accumulate positions. End of update Jul 5, 2008 |