NFTRH+; Hedge Rationale
With reference to yesterday's update on GDX, the ETF is still sitting below resistance and it is the weekend of a week that included a fair amount of noise, including…
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November 22, 2024
NFTRH+; GDX Key Levels
The gold stock sector is bouncing after holding a key level at the uptrending daily SMA 200 (orange) and the former downtrend channel's top. A subscriber mentions the potential of…
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November 21, 2024
NFTRH+; GDX Correction Progress
I will be on the road for a good chunk of the day, so I want to put this picture up before I leave. In an NFTRH+ update yesterday, it…
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November 14, 2024
NFTRH+; GDX Gap Filled, But Mind NFTRH 835 (HUI) Pullback Potentials, Plus Notes
Today GDX is dropping hard to fill the September 12 gap up at 37.41. It is also smashing into support at 37.30. This could contain the pullback, but using HUI…
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November 11, 2024
NFTRH+; GDX Projections
We had reviewed something of a wedge or ending diagonal, represented by the lower red line. That is being broken this morning as the 50 day moving average is also…
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November 6, 2024
NFTRH+; An Interesting View of GDX
From Sentimentrader comes the public optimism (OPTIX) reading. While we have noted daily HUI and GDX to be in pullback mode within the uptrends from March, this indicator - independent…
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November 4, 2024
NFTRH+; Ideal Precious Metals Complex Pull-Back “Buy” Levels (where I would ideally cover my hedges) [w/ edit]
[edit] Half of heavy short/hedge positions (DUST) were covered for similar reason to why the position in silver was sold earlier in the week: not to be greedy. "Ideally", that…
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October 24, 2024
Gold & Miners vs. Stocks, Just Fine
The ratios of gold to stocks (SPX) and the miners to stocks (SPY) are still intact to the rally theme There are of course macro and sector fundamentals and nominal…
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October 3, 2024
NFTRH+; Gold Stocks & Silver
In pre-market, GDX has broken through the SMA 50 (blue) at 38.02, and is making an attempt to fill the down gap from last week at 38.34. It did not…
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September 12, 2024
NFTRH+ Video Update: GDX, HUI, Gold & Silver Technical Situations
[edit] Post now public, as I'll want to show aspects of the NFTRH premium service publicly, on occasion. For more public video content please subscribe to the YouTube channel! The…
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September 10, 2024
NFTRH+; Gap Filled
GDX is filling the nearby gap this morning. If all remains relatively comfortable it would do this and test the rising SMA 50 before finding support. But there is a…
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September 3, 2024
NFTRH+; Short-term Technical Situation in Gold Stocks
GDX has rebounded from the downside gap fill as some combination of Fed rate cut obsession and BOJ policy statements serve to spark the recovery across asset markets. So far…
August 7, 2024
NFTRH+; Long-held Target Almost In
Our target and objective for GDX has for many months been to fill the gap just below 40. Today's high so far is 39.15. If you are trading and were…
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July 16, 2024
NFTRH+ Video Update: GDX (Daily)
A brief video updating daily GDX and its pattern as a weak economic report guns the markets (and Fed dove hopes), gold stocks included. As noted in a post this…
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July 3, 2024