[edit] Of course, every big buy in gold is a "whale purchase" or some other legit sounding thing while every big dump is a "paper sale!" to manipulate the price…
GDX dumped the 15 min. support area around 32.25 but is making a hint to whipsaw back above it. Classic shakeout? In doing this it is making a would-be hammer…
Super simple. GDX is fillling last week's gap up per the 15 minute chart (GDXJ is similar). This area carries lateral support and should hold or the sector bounce would…
[w/ corrective edit] Daily and weekly charts of the two gold stock ETFs. GDX daily kissed the SMA 50 and SMA 200 goodbye and then kissed the neckline to a…
GDX/GLD ratio is not confirming gold's bounce And so, considering what at least has a chance to shake out as my preferred macro scenario - complete with gold herds, stock…
From the August 10th update, we discussed a bounce a coming bounce in GDX as a short/hedge opportunity for those who would short (I'd had multiple emails asking about shorting…
A few people have asked about shorting gold stocks to hedge. Personally, I am not interested in that at this time and would rather do some more selling since my…
Why? Why do people get involved with the gold stock sector? And in my case why get involved with it when you don't like the fundamentals (or the technicals, for…
I was a little uneasy about the gap up in gold stocks this morning (uneasy because I've added positions and want to see the bounce continue), but that is being…
A look at the 30 minute chart of GDX shows a normal pullback to fill the opening gap. With Treasury bonds rallying and reflation-sensitive stocks and commodities pulling back it…
HUI is oversold, sentiment has been pushed down and here we have a little daily chart hammer candle (potential reversal candle if it holds up). This index can bounce at…
So we have talked a lot about the sector funda and macro funda which, with stocks and commodities out performing gold and long-term interest rates rising with inflation, are not…
A look at a key indicator for the broader macro and for gold stocks The US stock market is getting clobbered today on Biden's capital gains and corporate tax plans…
GDX breaks a trend line... We have (NFTRH has) fully anticipated the short-term bullish move in the gold miners, and I have my holdings, including FNV as linked just below…