This past week in gold

Jack Chan
Posted Sep 24, 2012

GLD – on buy signal.

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SLV – on buy signal.

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GDX – on buy signal.

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XGD.TO – on buy signal.

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CEF – on buy signal.

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Volume analysis suggests that the high volume reversal on Friday could trigger a trend reversal with a multi week correction, which may provide better buying opportunities upon completion.

Summary

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

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Sep 22, 2012
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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.

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