The 'C' wave down of an A-B-C bull market correction continues to look not only viable, but now more likely for the Gold Miners ETF, GDX. The price is dinging…
This FOMC day feels different than those we've had all year as the Fed leaned into its dovish stance with the diminishing of inflation signals and oh yes, the oncoming…
As a companion update to yesterday's look at the GDX seasonal (on average, positive in December since 2015) let's also look at the gold and silver seasonals, along with public…
The gold stock seasonal average is positive in December Of course, any given year can deviate. But this cool tool I just found with TradingView charts just idiot proofs the…
The gold stock sector has been getting the cleaning it needed. Thus far it has been a routine correction. But if GDX is in an A-B-C pattern, it could become…
Yesterday was an upside whipsaw that I did not take the bait on and chase. It broke through resistance, tapped the underside of the 50 day average and now is…
I have drawn another version of the USD bull flag on the daily chart. It is in the form of downtrend channel (parallel black dotted lines) that could become the…
Yesterday we noted in an NFTRH+ update: Right now it [silver] is at clear resistance. Meanwhile, the Gold/Silver ratio is nesting on its SMA 50 & 200 and is neutral…
In NFTRH 839 we noted how important the 50 day averages would be in the precious metals. Especially for silver, which unlike gold, has bullish Cup & Handle pattern potential.…
As I got rid of my frustrating positions in Corn and Soybeans (ref. trade log), I naturally want to look into another painfully depressed commodity, because why just buy and…
We have been tracking the loss of leadership by the Semi sector, at the front end of the SOX > NDX > SPX leadership chain since the cyclical indicator's top…
Gold stocks have been plucky, hanging in there after Monday's drop. I have covered my DUST positions not really for that reason, but for what silver is doing. It is…
Well, in NFTRH 838 I noted that my hold on the DUST miner hedge was probably tenuous. But today, the USD is proving that the holiday week moves were indeed…
Some internal market perspectives on this holiday week. The US dollar index is down today, testing the breakout support area at 106. Yet the Gold/Silver ratio is strong, in a…