This past week in gold

 

By Jack Chan at www.simplyprofits.org

12/29/2012

 

Season’s greetings!

 

 

GLD – on sell signal.

 

 

SLV – on sell signal.

 

 

GDX - on sell signal.

 

 

XGD.TO – on sell signal.

 

 

CEF - on sell signal.

 

Summary

Long term - on major sell signal.

Short term - on sell signals.

Gold sector cycle - down as of Oct 13.

 

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.

 

End of update

 

 

 

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