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…
First off, GDX is unsurprisingly bouncing to fill Monday's gap down. It is just under the daily EMA 20 and resistance in the 38.50 area. So nothing has changed technically,…
Gold is down, and the USD is down. The market is celebrating the newly nominated Treas-Sec, who the market believes will fall in line behind Trump in making America great…
With reference to yesterday's update on GDX, the ETF is still sitting below resistance and it is the weekend of a week that included a fair amount of noise, including…
The gold stock sector is bouncing after holding a key level at the uptrending daily SMA 200 (orange) and the former downtrend channel's top. A subscriber mentions the potential of…
Silver is usually a precious metals leader, both for better (up) and worse (down). Hence, we focus on it due to its implications for the PM complex, especially gold and…