Silver Gets on its Horse, Lurks Below Target
The silver price is making a nice move today toward the target at or just below the SMA 200. I am not saying that 17 needs to have a stop…
The silver price is making a nice move today toward the target at or just below the SMA 200. I am not saying that 17 needs to have a stop…
Silver continues its break through the SMA 50 after holding key short-term support. The target area is thick lateral resistance and/or the SMA 200 (16.95). That's the road map and…
Okay, easy now. It's just the move that we've been not so much expecting as allowing for. A hold of support and take out of the SMA 50, if it…
This morning I made the mistake of venturing out to the gold websites, where I found Mr. Clive - Man Who Stared at Charts in November and reversed a wildly…
Or in Moe's classic Brooklyn accent, "slowly I toined..." I am thinking it might be nice to have a running view of the Gold/Silver ratio, at least as long as…
The daily futures chart makes it clear. Silver had a pre-market whipsaw up and back down this morning and it remains on consolidation at short-term support, locked below the down-sloped…
In NFTRH 600 we looked at a chart of gold with its associated CoT data. The chart has a clear upside target and the unspectacular CoT is not standing in…
Thing 1 continues to emerge from its bull flag while Thing 2 is breaking down from its bear flag. Logical, eh? Macro dorks, have at it with your interpretations. Slowly…
I guess I am making up for a lack of posting the last couple days. Sometimes I need extra time to decompress after the weekend work. Today the Amigos tell…
Just another Silver/Gold ratio post with no further words necessary. Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market…
Gold: Counter-cylical Amigo Silver: Counter & Cyclical transvestite Amigo Copper: Cyclical Amigo Using daily and monthly charts we catch up with the 3 Amigos to see what they indicate. The…
Gold futures are up and silver futures are up bigger. So the Silver/Gold ratio is still playing ball tonight by keeping its bounce going. But nominal silver has work to…
The silver price and gold price are both up big today in response to the Fed's QE announcement. Obviously the sector is doing well today. But for the wider macro,…
[edit] I forgot to mention that open interest (green line) in gold is fading and in silver it is tanking. In my experience (though no expert) that goes hand in…