This week in gold

Jack Chan
www.simplyprofits.org
Nov 26, 2007

GLD - on sell signal.

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SLV - on sell signal.

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GDX - on sell signal.

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XGD.TO - on sell signal.

Summary
All ETFs remain on sell signals, but if prices stay firm at current levels, we could see new buy signals in the next few days.

Gold is in a bull market and sell signals are exit signals for traders, and not signals for short selling.

Investors continue to hold core positions from our August buy signals, and can add to positions upon new setups.

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

Nov 24, 2007
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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