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This Past Week in Gold

By: Jack Chan | Saturday, November 10, 2012

SPDR Gold Trust Shares
GLD - on sell signal.


iShares Silver Trust
SLV - new buy signal this week.


Market Vectors Gold Miners
GDX - on sell signal.


XGD.TO
XGD.TO - on sell signal.


Central Fund of Canada
CEF - new buy signal this week.


Summary
Long term - on major sell signal.
Short term - on mixed signals.
We had some new buy signals this week but no set ups yet, as the multi week correction continues.

 

Author: Jack Chan

Jack Chan
www.simplyprofits.org

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.

We also provide coverage to the major indexes and oil sector.

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