A quickie to take a close up view… Yesterday’s low maintained a ‘higher low’ in a series of them off the August low. So by this short-term view we can add the 260 area as a support area to this morning’s update.  We used this area when managing a decline last week. So 260 is considered a parameter to the lower levels and potential buy … Continue reading NFTRH Update 8.28.13, HUI 60 min. View

The problems in the Middle East are messing with an important component of the gold mining fundamental case, crude oil.  So let’s check the status. Gold vs. oil is on a MACD trigger and above critical support by weekly chart. Gold vs. broad commodities is still in a bottoming pattern with critical resistance just above. The hysteria thus far has done nothing to hurt the … Continue reading NFTRH Update 8.28.13, ‘Real’ PoG & Miners