Last week when GDX pulled back hard we reviewed an NFTRH+ update and target of 23. Yesterday and this morning it hit that target and today, poetically, comes the next pullback. So I assume traders or those wanting to sell have done their thing and the rest of us ( I trimmed a few profits yesterday but am holding this pullback with the remaining, pending … Continue reading NFTRH; GDX Pullback Parameters
Gold-Silver ratio continues to imply that Uncle Buck can take a break and that inflation-sensitive items may catch a break. Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com … Continue reading 2 Horsemen
A snapshot of current daily technicals…
Precious Metals
GLD broke up from the pattern neckline and smashed through the SMA 200. That area around 120 is now key support. Upside target measured off the pattern has been around 128, where it would be very over bought.
