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NFTRH; US & Global Markets, Weekly Charts (med. priority)

A bigger picture view of weekly market/ETF charts on what seemed like a cranky day in the markets where gold and silver got cracked (on cue it seems, after the most recent gold analyst bull horns. Ref. this morning’s pre-market post on gold and silver for another review of the technicals and CoT, although nothing new is presented since NFTRH 546. The crankiness extended to … Continue reading NFTRH; US & Global Markets, Weekly Charts (med. priority)

Gold and Silver Still on the Road to a Low Risk Setup

From a post on gold and silver on Tuesday… Very simply, if it’s an H&S it’s a minor one with a target to the SMA 200 or short-term lateral support. Gold has curled back up to test the underside of its SMA 50. A takeout of 1310 and then the March high could put yeller back in business. Otherwise, don’t personalize it. A test of … Continue reading Gold and Silver Still on the Road to a Low Risk Setup