Gold & Silver Trading Signals - 07/13/2008


This Week In Gold - 07/13/2008
by Jack Chan

GLD -streetTRACKS Gold Trust Shares on Buy Signal

GLD - on buy signal

SLV - iShares Silver Trust on a buy signal

SLV - on buy signal

GDX Market Vectors Gold Miners on a buy Signal

GDX - on buy signal

XGD.TO iShares CDN S&P/TSX Global Gold Index Fund on a buy signal

XGD.TO - on a buy signal

Summary

All four ETFs remain on buy signals this week. We had great set ups on GLD and SLV, but waiting for more favorable set ups on GDX and XGD.TO.
 
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.
The gold sector is in a bull market, therefore, sell signals are signals to exit and not signals to sell short. In a bull market, we wait for buy signals and set ups to initiate or accumulate positions.

Jack Chan runs a financial advisory service focusing on timing buy and sell signals on Gold, Enery, and Technology Indexes.  You can gain access tot Jack's advisory service through his website:  http://www.simplyprofits.org/