This week in gold

Jack Chan
www.simplyprofits.org
Oct 29, 2007

GLD - remains on buy signal from 9/04.

SLV - back to a buy signal this week, waiting for set up.

GDX - on sell signal as of 10/03.

XGD.TO - on sell signal as of 10/02.

Summary

Traders are out of the market waiting for set ups to re-enter.

Investors continue to hold a core position with stops at breakeven, and add to positions on new set ups.

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.

End of update

Oct 27, 2007
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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