Gold is having a normal disturbance at the SMA 200 and associated resistance. What would make gold less normal (to an ongoing short-term rally) is a drop below support at…
It's FOMC week, the eggheads have dispersed to their private offices and now into the void comes man, machine, black box and casino patron of all stripes. FOMC week; it…
Any single indicator can fail to work at any time. It's why we use many of them to gain the weight of the evidence. But Commercial hedger positions in the…
Using GLD and various ETFs, let's update some daily chart gold ratios. Gold/US Stock market is attempting another leg upward. Gold/Global Stocks is on an extended down leg I assume…
Filled the gaps from last week, that is. That is a good thing. As such I covered my hedge (DUST), but also sold a couple miners (HL & WDOFF, ref.…
It could be time for the US Cannabis MSOs. I no sooner added Cresco Labs (CRLBF, per the trade log) on its little pullback this morning and then it reversed…
Nominal daily HUI is doing as projected, testing the resistance level that coincides with the SMA 200. The bad? It's clear resistance. The good? It's a gateway to a potential…
[edit] The analysis below, if it proves to be bullish, is about precious metals only, not broad markets. A subscriber questioned this and I'll again note that the view for…
In 2021 and especially 2022 the TSX Venture index (TSX-V) has been an ongoing negative divergence to the inflation trades, along with the bullish USD. Today, amid fading inflation signals…
If you, like me, think about shorting (in my case it would be against some long positions) here are a couple charts and some parameters for consideration. The caveats to…
The daily chart of gold shows a retreat in the price to the 1st support level, which should hold if this is going to be a relatively easy pullback/correction. This…
From NFTRH 731... HUI Gold Bugs index (daily) halted at a minor resistance area. The SMA 200 at 241 could be registered before a pullback comes about, but regardless key…
USD is the anti-market. It has dropped to within a whisker of the main target, which is the SMA 200 and is now bouncing. The major daily chart trend for…
The Semiconductor sector is one of my favorite sectors for reasons we have covered over the last few years. Generally, it boils down to the fact that Semis are the…