Back on October 2nd we took a look at an ugly Head & Shoulders pattern and a pretty one. The ugly one was the one on gold miner bear fund…
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 held there and bounced to…
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 at it! This man who…
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 will be challenged. How…
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 the sector (HUI) bounced on…
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 and that is great, if…
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 with the inflation crowd (gold…
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 is intact as long as…
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 was surprised to see it…
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 macro) and the likelihood of…
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 buy area for the miners.…
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 the miners staring me in…
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 rollover (talk about a day…
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. chart). So that gap is…