Tag: GDX | NFTRH

Protected: NFTRH+; A Close Look at the GDX Daily & 30 Min. Charts

There is no excerpt because this is a protected post.

When they start telling you it’s a blow off move in GDX (and the gold miners in general) you might want to be a little

It’s just another new high in an uptrend that began over 1.5 years ago. That’s all. And guess what? The FOMO’ing at the mouth herds

Below is a larger version of the daily chart of GDX I’ve been using to update subscribers in-day in the NFTRH Trade Log notes, which

Rather than send too many emails, I sometimes use the Trade Log notes as a place to just get some stuff down on paper for

So 2 O’clock Charlie flew in and bombed gold? I was out while it happened but received a couple emails about it. It sucks to

Daily GDX has not broken down. I would not rule out a bounce to fill the gap above 28 and possibly test the SMA 50.

So do you want to be an optimist and note the very normal looking pullback to short-term support? Maybe a pullback to intermediate support at

And for you gold stock sports fans, I’d say that this happy macro news has accomplished something for you too; it has forced a gap

A few observations on GDX when viewing the previous big time rally (which was probably the first move of a bull market that began in

GDX Weekly Chart We noted the overbought status of daily GDX earlier. The weekly chart is also getting overbought. This leg has been vertical, after

Nothing has changed for me. As long as the fundamentals stay intact I am bullish. But since the gold sector came out of the gate

I make the point in the title because the real fundamentals that matter for the gold stock sector must be in line at the beginning

Impulsive rallies can be blow off ending signals when they come after long up trends and amid over valuation. One recent example was the January

1 2 3 … 9 »