A little more micromanagement for you. The silver price has now bonked the first key support level, as defined by the upside touch point of the May 2022 cluster and…
Not a good look here by the Canadian TSX-V (daily chart). To review, da 'V' would be indicative of life in the more speculative areas of the inflation trades, and…
While waiting on the larger macro (Powell talking up the hawk, still tilting at inflation), potentially including a future end to the bear market rally in stocks and/or an end…
In the precious metals complex, that would be the HUI Gold Bugs index. With a low today (so far) of 229.15 the upper bound of the 220 to 230 target…
I call it noisy because I am sensitive to the fact that I introduced it to you, increasing your noise level. But sometimes it's damned if you do, damned if…
Well, I have been all over the place with these two (especially silver), looking down, looking up (small inverted H&S pattern), down, up, down... You get the picture. I have…
With reference to the earlier update, Gold/ES is still below the support line and trying to put a tail on its candle to consider undoing the breakdown. Of more importance,…
Gold held below the SMA 50 (ref. NFTRH 761) and is dropping post-FOMC because, of course it is! It's FOMC week and the Fed is talking tough and the inflation…
I am a man who stares at charts. I see patterns and I get excited. I realize this is a noisy week with market regulators front and center and indicators…
As long as silver (SLV) lurks here at the neckline on this chart from last week's update, this precious metals leader is still in the game. The neckline (green dashed…
We've been tracking the Gold/SPX ratio as part of a host of other gold to market ratios. But this is the one that is closest to breaking down and given…
[edit] My mistake; ES took out the August high but SPX remains perched below it. However SPY, when viewed by a chart that factors dividends, is above that marker. So,…
This would be an appropriate time for gold's ratios to stocks and commodities to hold and turn back up. With SPX in the preferred target zone of 4219 to 4300…
NFTRH 760 used a weekly chart, so today let's dial in the daily view for some good perspective on the current situation. While we are open to a rise all…