Gold is still clinging to the uninspiring support area in the 1670s. As it stands now, the 'handle' consolidation/correction that I'd originally projected in 2020 has long since given way…
What does it mean that gold is tanking to new correction lows while silver remains relatively firm? Gold (daily chart) is on the very cusp of slipping the last ditch…
Of course it's just a man staring at a chart. But he's using visual support and a logical Fibonacci retracement level to gauge a very valid short-term target to likely…
The bounce is on from the low of 180. We have potentials in play for HUI to have bottomed at 180 (measured target off of the little H&S pattern was…
Let's use a talkative chart to explore something interesting. First a couple qualifiers... We'll exclude a large part of the chart, which was the 2009-2015 ZIRP (zero interest rate policy)…
[edit] take the RRG as a novelty. I think I just took the relative strength of a relative chart. Sorry about that. I just realized that RRG automatically measures any…
[edit] In the time it took to write this update the broad market turned red and I also notice that Treasury yields have backed off, so with respect to the…
The 30yr Treasury yield 'Continuum' is one of our more important macro indicators. Specifically, it has been an indicator of inflation tolerance or deflation fear over several decades. This year…
Support at 18 (+/-) is giving way (I'll probably release SLV) and the weekly chart shows the next two objectives, should this not prove to be a fake out prior…
The US Cannabis MSO sector has bottomed for an interim low at least. Last year I entered too soon and stuck with it too long (as politicians sit on their…
[edit] The scenario noted below obviously depends on HUI losing the neckline, which it is thus far holding as S/T support today. The target does not activate until/unless HUI takes…
Jerome Powell was trotted out to the media and said exactly what anyone paying attention to market signals knew he'd say. The Fed is still in inflation fighting mode in…
It is still summer silly season and as such it would not be surprising for ES to hold support here and take one more lunge upward during the pre-FOMC time…
Just a quick FYI that the gap in gold and the implied gap in silver have filled. The chart shows GLD and SLV. I sold AEM earlier but may need…