The Ugly H&S and the Pretty One, Revisited
Back on October 2nd we took a look at an ugly Head & Shoulders pattern and a pretty one. The ugly one was the one on gold miner bear fund…
Back on October 2nd we took a look at an ugly Head & Shoulders pattern and a pretty one. The ugly one was the one on gold miner bear fund…
Here is GDX holding the parameter we laid out for it in a subscriber update on Oct. 8. Today GDX is declining back to a test of the support zone…
This man who stares at charts presents for you a really ugly short-term H&S to stare at. It's not activated, but it is ugly. Stare at it! This man who…
So today it looks like gold and silver are rising with the inflation trade (global stocks, commodities, yields...) and our bear flag noted yesterday on GDX will be challenged. How…
For all you sports fans keeping score at home, GDX is breaking down from a bear flag today. As noted in an NFTRH update as the sector (HUI) bounced on…
Notice I wrote "begins" in the title. Today was the first real day of regurgitation with conviction. Long-term support levels are going out the window and that is great, if…
[edit] I've now heard from two equity analysts who say KL is significantly over valued in relation to peers. Great company, but over valued. What's more, one gentleman informs that…
Back on June 6th we had a post showing Royal Gold's bullish daily, weekly and monthly charts. Today, nothing has changed other than they have gotten bullisher. The daily chart…
The GDX/COPX ratio has broken above the 50 & 200 day moving averages and is still going, despite gold's ignominious state at the moment. Here's what gold (GLD) looks like…
I am not even bullish yet on the gold sector, but my largest gold stock holding (now that I've trimmed long-term hold KL down to size) is RGLD, and it…
From NFTRH 494 as part of weekly technical rundown of 29 gold and silver stocks... "KL pleasured the market again last week and appears to be a solid miner. It…
When updating the NFTRH Trade Log I sometimes add a little detail about the whats and whys. In this case I want to put up a chart for subscribers (public…
GDX got volume last week after the Fed rode off with its latest rate hike. But it gapped up on Friday's market angst. Frankly, I was surprised to see it…
Too many gold bugs are either still pimping the 'inflation trade' or digitally pleasuring other gold bugs with predictions based on inflation. From my favorite example of this behavior just…