Broad Market With Europe up this morning and the US market closing yet again right at resistance yesterday (Dow at the top of its Reverse Symmetrical Triangle and SPX/NDX at…
Do not take this the wrong way. I am plenty beared up at the moment, at least for a hard test of the low 300's per current analysis; and potentially…
The daily chart of HUI is about as bearish as you can get. Recall that we had noted previously that it was concerning that the HUI daily chart was not…
The gold miners are on the expected bounce from very over sold conditions. As you can see, HUI, GDM and XAU are all dealing with resistance at the 'neckline' to…
Very simply HUI lost support, got flushed hard yesterday and is now on a bounce. The bounce will not prove to be anything other than a bounce until it gets…
Gold and silver downside momentum is either building into a capitulation and a bottom or the technical damage is going to be obvious. A drop below 1525 puts gold in…
Today we use the recent events in the gold sector as an example of how effective use of Sentiment and Technical analysis can keep us on the right track despite…