NFTRH+; Gold and Silver Futures Progress and Thoughts on Gold Stocks

Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to hold the SMA 50, but if that is lost our next target is the rising SMA 200. I think it’s coming, just as I think a final capitulation of the bugs is likely to be … Continue reading NFTRH+; Gold and Silver Futures Progress and Thoughts on Gold Stocks

NFTRH+; HUI’s Daily Chart is on Plan

A super simple update showing that yesterday HUI dinged the 1st resistance level per Monday’s update. So far that has held. Again speaking personally, I’d love to see a capitulation here and now to get this correction over with, but if the bounce tries to re-start the 2nd noted resistance around 275 would become the short-term objective. If resistance #1 holds we are looking for … Continue reading NFTRH+; HUI’s Daily Chart is on Plan