Daily looks in-market are not meant to be a science. It is longer trends that eventually reveal the logic of ongoing macro moves. But I
Tag: GDX
Protected: NFTRH; GDX In-Day View w/ 30 min. Chart (med. priority)
There is no excerpt because this is a protected post.
vs. SPY
A few interesting pictures ‘vs. SPY’… Gold miners have risen vs. SPY since early September. Treasury bonds, hated by absolutely everybody (except maybe readers of
NFTRH; Daily & 60 min. TA on GDX and Some Thoughts on the Gold Miners (high priority)
A couple of interesting things here. As noted in the last update, gold stocks remain in the consolidation handle that began to form after the
The Ugly H&S and the Pretty One, Revisited
Back on October 2nd we took a look at an ugly Head & Shoulders pattern and a pretty one. The ugly one was the one
NFTRH; Reviewing the Parameters in Gold Stocks (medium priority)
When the bounce began in gold stocks (GDX, HUI, etc.) we used the green shaded zone below as critical support to a continued bounce. GDX
Gold Stocks: Want to See an Ugly H&S? A Pretty One?
This man who stares at charts presents for you a really ugly short-term H&S to stare at. It’s not activated, but it is ugly. Stare
A Closer Look at Gold Stocks; Bear Flag? Really?
So today it looks like gold and silver are rising with the inflation trade (global stocks, commodities, yields…) and our bear flag noted yesterday on
GDX Daily Bear Flag
For all you sports fans keeping score at home, GDX is breaking down from a bear flag today. As noted in an NFTRH update as
Gold Miners: Volume Pukage Begins
Notice I wrote “begins” in the title. Today was the first real day of regurgitation with conviction. Long-term support levels are going out the window
NFTRH; GDX & GDXJ Daily Technicals (med. priority)
Gold stocks are not responding well to the deflationary whiff in the air and I continue to think that is because they got caught up
NFTRH; GDX & GDXJ Status (med. priority)
A quick look at daily chart parameters for GDX and GDXJ. GDX has dropped to the SMA 50, which is a support level. The chart
A Little Gold Miner Micro Management
GDX got volume last week after the Fed rode off with its latest rate hike. But it gapped up on Friday’s market angst. Frankly, I
“Amid Bad Fundamentals, Gold Sector Rally May Have Begun” (cont.)
So it was 1 week ago that an article appeared in this space, talking about the gold sector’s still downbeat fundamentals (both sector specific and