This past week in gold

Jack Chan
www.simplyprofits.org
Dec 14, 2009

GLD - sell signal this week.

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SLV - sell signal this week.

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GDX - on sell signal.

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XGD.TO - on sell signal.

Summary

Long term - on a major buy signal.
Short term - on sell signals. A correction is in progress and we are fully hedged against a potential multi month correction/consolidation.

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 12, 2009
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd