A look at the US dollar index and the Gold/Silver ratio and a bit of discussion US dollar index (DXY) is tapping the initial target at the 200 day moving…
The US dollar got hammered on this Tuesday's weak inflation data. This came after the USD breakdown and bear flag test of the breakdown. This simple video updates the situation,…
Just a quick note for would-be PGM bulls. Palladium is today finally poking the long-term support area. I, for one, am tempted. If Palladium (current: 974) were to lose 900,…
GDX is set to fill the lower of the two recent gaps. This was allowed for in previous updates, and is normal. This update also reviews key levels to hold…
As noted in the November 7 video update, gold was destined to lose the first support area after spiking upward and getting overbought. As also noted in the update the…
Yesterday's negative reaction (of sorts) to the celebratory post-FOMC spike last week continues this morning. The US dollar index is bouncing within its still questionable state below the daily SMA…
On FOMC day +1 we find Treasury yields down (bonds up) and the US dollar index down as inflation fears - and thus, Fed fears - ease. The main support…
Back to the daily chart to review what you probably already know. GDX (daily) is taking a deeper pullback as it appears the war trades (including oil/energy) are getting hit…
A little daily chart micro management sees the first GDX gap fill this morning at around a 38% Fib retrace of the rally from the October low. The gap fill…
As the USD continues to recover after grinding support a couple days ago and the Gold/Silver ratio continues to bias bullish (ref. yesterday's pre-market update), let's take a look at…
Two important market signalers are firm together this morning. The US dollar index is, in typical fashion for this market that flips its signals daily, holding after we noted its…
The US dollar index is starting to grind the breakout point above the March high. A bull trap, even if temporary before higher levels, could rhyme well with a stock…
A little more micromanagement of GDX as the bounce/rally continues along. The correction is still technically in force and here we simply review what's needed to put it in the…
A back and forth email string with a subscriber about war/politics and markets jogged me into a realization. As you may know, over the years I have been cautious about…