This Week In Gold
Jack Chan
www.simplyprofits.org
October 27, 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.

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Disclaimer: Words of caution: public readers of my commentaries should exercise their own judgment as to whether to buy or sell anything. Never trade based on other people's analysis. Knowing which way to place our bets is only half of the formula to success. Wishing you peace and profits......................................