This past week in gold

Jack Chan
www.simplyprofits.org
Aug 9, 2010

GLD – buy signal this week.

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SLV – on sell signal.

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GDX – buy signal this week.

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XGD.TO – buy signal this week.

Summary

Long term – on major buy signal.
Short term – mostly on buy signals.

We continue to hold our core positions, and wait for new set ups to accumulate more positions.

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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

Aug 7, 2010
Jack Chan

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

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