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This week in goldJack Chan  GLD - on sell signal. ***  SLV - on sell signal. ***  GDX - on sell signal. ***  XGD.TO - on sell signal. Summary All ETFs remain on sell signals, as traders continue to sit in cash. 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 signals and 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 Dec 1, 2007 321gold Ltd |
