This past week in gold

Jack Chan
www.simplyprofits.org
Posted Aug 15, 2011

GLD – on buy signal.

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SLV – on sell signal.

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GDX – on sell signal.

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

CEF – sell signal this week.

Summary

Long term – on major buy signal.
Short term – on mixed signals.
We took profits these past two weeks and shall now wait for new signals and set ups.

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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 13, 2011
Jack Chan

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

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