A little in-day management for gold bugs. Last week’s update noted resistance beginning at 190 and noted that was the place to sell if you’re a trader. So I assume traders did that. But for anyone who may still have an interest in Huey’s very short-term goings on, here is a 30 min. view. There are gaps all over the place (I wouldn’t read too … Continue reading NFTRH; HUI 30 Min. Chart Analysis
As we approach the end of February I think some of these big picture charts are telling some interesting stories. Dow is testing its channel breakout, which actually looked like a manic surge. SPX is doing a similar thing. Note how far down the first clusters of lateral support are on each of these. 18,000 and 2100, respectively. When trying to chase buying opportunities casino … Continue reading Monthly Views: Stocks, Commodities, USD, Yields, Gold and Silver
Among the improvements I’ve made to the service (with the help of suggestions from subscribers) over the years has been putting in a table of contents for easy reference to the analysis of the various report segments and also moving the Wrap Up segment to near the beginning of the report, again for easy reference. Through all my years in business I actually learned to … Continue reading NFTRH 487 Partial ‘Wrap Up’; Precious Metals, USD and Sentiment
Steve Saville correctly points out that gold leads silver in the early stages of precious metals bull markets. Gold Leads Silver The most recent example is the one we often point to from December, 2015 as gold bottomed on December 3rd and turned up on January 4th. This led silver, which bottomed on December 14th and turned up in late January. The gold miners were … Continue reading “Gold Leads Silver”
