This Past Week In Gold
Jack Chan
September 20, 2008
GLD – buy signal this week.
SLV – buy signal this week.
GDX – buy signal this week.
XGD.TO – buy signal this week.
Summary
As anticipated from last week, this week all four ETFs have new buy signals. However, risks are higher than normal as volatility has increased tremendously not just in gold, but across the board in the broad market. Risk management is a must.
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.
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