alice

NFTRH; Silver and Gold Futures Chart Status (med. priority)

Silver is poking through the 1st support level. The next level is at 14.50, which has gained a better chance of being hit due to the incomplete CoT trend. Gold is in a similar boat, but with a worse CoT situation and an as yet not as bearish technical situation. Gold is at the neckline of the bearish pattern. Of course it is not an … Continue reading NFTRH; Silver and Gold Futures Chart Status (med. priority)

alice

NFTRH; CNH/USD and the Gold Relationship (med. priority)

At the request of a subscriber we will be tracking the USD/CNH relationship (which I can easily do now that I’ve subscribed to TradingView). The relationship between the US and Chinese currencies appears to be at or near the center of the global macro. The correlation between the Chinese Yuan and gold got a lot of airplay last year as they declined in unison to … Continue reading NFTRH; CNH/USD and the Gold Relationship (med. priority)