Gold Puts on a Happy Face

The pattern just cracks me up every time I look at it. So sleepy, so content, so cute. I just want to tickle its chinny chin chin. Today at least,…

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Gold Sector Correction is Maturing

Gold Stock Seasonal Average The HUI Gold Bugs index has over the last 2 decades (encompassing both bull and bear markets) tended to bottom in July per stockcharts.com's data for…

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Here Come the Golden Ghost Stories

The Gold Anti Trust Action Committee informs us that... Chaotic price swings will be engineered to shake off gold investors Ooh, engineered? That sounds evil. "Engineered"... tell me more GATA.…

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Some Gold Market Hilarity on a Down Day

See this dreck being peddled at Kitco (by way of Gold-Eagle). Gold prices remain under pressure following weaker-than-expected Philly Fed manufacturing survey The gold market continues to see some technical…

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Gold Price Daily Futures

Here's the daily chart of the gold futures this morning. As has been the case for well over a year the daily moving average trends are up. That is the…

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Daily chart of Gold [w/ edit]

NFTRH 598 did not chart gold as it usually does, instead simply writing a paragraph about the daily chart's pattern and its target. Here is the daily chart complete with…

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Super simple monthly chart of Gold

It doesn't include this morning's little bump, which sees it trying to take back the daily SMA 200. But regardless, the gold price is in a zone between major resistance…

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Gold is Tanking!!

Side note disclaimer: I covered shorts in gold this morning. I think it could go lower nominally, but I don't care. Anyway, on with the post with a tongue planted…

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Gold’s hidden affinity for Treasury bonds

Editorial comments follow the charts. Amid the massive rush to risk 'off', just look at the similarities between long-term Treasury bonds... ...and the Gold/Commodities ratio. ...and the Gold/Oil ratio (Jesus,…

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It Was a Dive Bombing, Not a Carpet Bombing

I went out in the afternoon with gold screaming upward on COVID-19 hysteria. I see something like that and I mentally prepare for the "volatility violence" we talked about in…

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Gold in Major Currencies… a Pretty Picture

Here is a weekly chart of gold vs. the USD index and then vs. global pairs/USD. Trends are... Beuller? By the way, this is all-time highs for the gold price…

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Gold Futures, Up to the Minute

Gold just will not go away. It conjures up Butch Cassidy and the Sundance Kid: "Who [is that guy]?" The daily chart trends are up by both the SMA 50…

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