This past week in gold

Jack Chan
Posted Nov 21, 2011

GLD – new sell signal.

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SLV – new sell signal.

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GDX – new sell signal.

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XGD.TO – new sell signal.

CEF – new sell signal.

Summary

Long term – on major buy signal.
Short term – on sell signals.
No harm done as we were invested on the short side and did not trade the recent buy 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

Nov 19, 2011
Jack Chan

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

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