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Gold & Silver Trading Signals - 06/22/2008

June 22, 2008 by jack_chan

 

This Past Week in Gold

by Jack Chan

Summary

Since topping in March, both buy and sell signals have failed to establish a trend, thus resulting in the current multi month consolidation. We continue to stay neutral.

GLD Analysis - Jack Chan

GLD – on sell signal.

SLV on Sell Signal

SLV - on sell signal

GDX on sell signal

GDX - on sell signal

XGD.TO on a sell signal

XGD.TO - on sell signal

*** For this weekend only, sector reports on metals, energy, and the broad market can be emailed to you upon request, with no obligations and no future solicitations as we do not keep your email addresses on file. Send request to: jack@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

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/