Uranium Updated

Last week we noted that Uranium looked interesting. This week it looks interestinger-still. URA is poking the zone about which we’ve noted in July 2nd’s ‘online edition’ NFTRH 454… “The 1st resistance point is the sideways-going SMA 200 (currently 13.84), which halted the last bounce. If this gets above 14 be on alert for a new, extended U trade.” Head fake or real? Dunno; only … Continue reading Uranium Updated

gold and silver

A Clearer, and Bullish View of Gold and Silver CoTs

I am not overly happy with the long-term view added as an edit in the previous post. So let’s show a clearer view of gold’s (and silver’s) Commitments of Traders from a 5 year perspective (courtesy of barchart.com). Frankly, I think I’ve been a little sloppy (or hurried, harried, distracted… ) in not finding and showing this view sooner. Vacations will do that (← no … Continue reading A Clearer, and Bullish View of Gold and Silver CoTs

To Get Bullish on Gold Stocks For Real?

With the disclaimer that several quality gold stocks are already bullish – which I’ve seen as a positive divergence for the sector – we take the sector as a whole and note a lot of resistance traffic overhead for HUI. Here are some technical parameters laid out in a subscriber update last week. We’ve expected a bounce, it is here and the milestones below are … Continue reading To Get Bullish on Gold Stocks For Real?