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
Tag: GDX
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
NFTRH; Dialing in the Gold Miner Buy Zone
For we gold bugs in the NFTRH sphere, let’s have a specific update on a subject that is hitting my inbox a lately; a potential
Decision Made; Dust Taken off Miners, but…
I guess it came down to a ‘who am I to argue with success?’ kind of question. There was yet another profitable round trip shorting
Dusting Up on the Miners
As noted to subscribers I initiated miner bear DUST a few weeks ago and even added to it after it got crushed on the FOMC
GDX Pre-Trump Jitters; 60 Min. Chart
Here is another ‘day trader’ chart (hourly) of GDX showing the lower (Jan. 5) gap being filled (ref. Jan. 9 post using a 5 min.
GDX 5 Min. Chart; Classic Gap & Fill?
Believe me gold stock sports fans, you’d rather have GDX drop to quickly to fill the opening gap than to quickly get too pumpy too
GDX Daily Chart Updated
Last week we had a couple looks at the GDX daily situation, first quieting the hype about the “superb” GDX and its “bull wedge in
GDX: Almost Too Perfect
We have been noting that it is a bounce within a downtrend for the precious metals. In subscriber updates I’ve gone into detail on the
GDX: There’s a Bull Wedge in Play!
I’ll not name the source because I have found that being a gold sector curmudgeon, frequently poking the gold “community” in the eye is a
NFTRH; Daily View of Gold (GLD), Silver (SLV) and GDX
A brief daily chart update for the precious metals. Let’s be aware that today is FOMC Minutes day, so markets may get some whipsaw. GLD