NFTRH+; Strategy For Gold Miners: So Far, So Good
An update on the gold miners As GDX bounces from another moderately oversold reading, let's take a checkup on the situation. Technically, it is bouncing from a higher low to…
An update on the gold miners As GDX bounces from another moderately oversold reading, let's take a checkup on the situation. Technically, it is bouncing from a higher low to…
GDX has filled its lower of the two nearby daily chart gaps after the bear flag breakdown. It is good to have that gap out of there. GDX is viable…
An interesting situation which, if not yet positioned or only lightly positioned, may manifest in a solid buying opportunity. There are a couple points on the chart we've been aware…
Just a simple update reviewing and reminding of we've already covered, after the gold stock sector got clubbed last week. The failure has filled the upper gap and we are…
This update asks you for 14 minutes of your time as we cover US stock market leadership, USD, GDX and some gold ratios with respect to the macro backdrop that…
First, a review of the situation to date and our stance with regard to it... Elements are in play that would change the macro to a longer-term favorable backdrop for…
I'll be out for the first part of the trading day, so I wanted to get a little review of these items in the can for your consideration. Daily chart…
A brief video update of the GDX daily chart. Apparently some pleasantly disinflationary news (wholesale prices) is driving gold and silver this morning. Hmmm, right at a very key technical…
With a fundamental note that gold outperformed mining cost input crude oil quite well in Q4, which is due to be reported by miners in the coming weeks, let's take…
Referring to the November 28 update: The GDX Move, it's Implications and More Thoughts We noted... The conviction here is quite positive. This move could still have some upward real…
The next leg of the gold stock bull market is in play amid confusion, misunderstanding and noise Please see edit at the bottom of the article. The next leg of…
Unless today is an epic bull trap, which I don't think is the case, then the move above the neckline and SMA 200 has conviction and implies higher levels to…
Today the daily chart is pinging the key resistance area. If it can hold the neckline and SMA 200 (let's keep in mind the concept of bull traps/false breakouts) we'd…
A brief video pointing out some aspects of the GDX daily chart during a holiday week. Holiday season is a time when market signals can get a little reliable, but…