This Past Week In Gold
Jack Chan
December 19, 2009
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
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.
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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.
Check out our website for our performance in 2008 and subscription info: www.simplyprofits.org
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