This past week in gold

Jack Chan
www.simplyprofits.org
Aug 25, 2008

GLD - on sell signal.

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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

The two stock ETFs have buy signals this week while the two metal ETFs are still on sell. Next week's closing prices which are also end of month prices will be very influential for the near future.

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 setups 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.

End of update

Aug 24, 2008
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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