NFTRH+ Video Update; GDX, Gold, Silver & DXY [w/ edit]
[edit] I just realized that I never made this post private! Oh well. Updating the daily charts of GDX, gold, silver and the US dollar index. Man pulls up charts,…
[edit] I just realized that I never made this post private! Oh well. Updating the daily charts of GDX, gold, silver and the US dollar index. Man pulls up charts,…
GDX now has the potential to form a mini Inverted Head & Shoulders bounce pattern Last week we noted a small Inverted H&S that wasn't, on GDX. This week it…
This week will be noisy. There will be a GDP revision if applicable, ADP employment, PCE index, Payrolls and ISM manufacturing data. The Fed's Bostic will also eat a mic…
GDX, the Gold Miners ETF, faces its first clear resistance Oh how long we have used this chart to guide into and out of rallies and corrections in the gold…
The gold stock correction has been in play since GDX/HUI doubled topped in April-May Gold Stock Correction From a Seasonal View We begin this article, which updates the gold stock…
A short and simple update this morning. The 10yr-2yr yield curve is ticking a new high off of what I believe is secondary extreme inversion to the one from March.…
The very fact that I am producing my Men Who Stare At Charts shtick means that I am practicing "pattern recognition", staring a would-be pattern that could be a Head…
On the technical side, GDX is doing nothing we did not discuss in the video update on July 19. It is getting a good disturbance during FOMC week, as anticipated.…
Please let me know how this type of update works for you. It's more me winging it than carefully choosing and writing words in a blog post. In other words,…
Back to the GDX daily chart for some micromanagement of the gold stock correction. With GDX nesting on the SMA 200 yesterday and per the trade log, I released my…
While team Gold Bug is probably out there sleuthing the usual reasons for the 'b/s correction' (it's not b/s) or spinning the end of the world (buy gold!) coming any…
Gold stocks approach NFTRH target; what's next? Hey, what do you think I am, a swami? I don't definitively know the answer to that. The guru or perma-bull down the…
I call it noisy because I am sensitive to the fact that I introduced it to you, increasing your noise level. But sometimes it's damned if you do, damned if…
In microcosm the markets did what they (IMO) should do. Gold stocks went up at the dawn of a positive fundamental phase and most everything else went down at the…