Gold Stocks: Is the Time Really Now? [w/ edit]
Gold stocks are not yet unique within the wider macro, but that does not preclude a move to 40 by GDX [edit] Interesting, however, that on the day this was…
Gold stocks are not yet unique within the wider macro, but that does not preclude a move to 40 by GDX [edit] Interesting, however, that on the day this was…
GDX has taken on the posture of a freak bullish Inverted H&S The good news: Sometimes these bullish patterns actually work. The bad news: Just as often (to my eye)…
GDX is set to fill the lower of the two recent gaps. This was allowed for in previous updates, and is normal. This update also reviews key levels to hold…
Back to the daily chart to review what you probably already know. GDX (daily) is taking a deeper pullback as it appears the war trades (including oil/energy) are getting hit…
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwind We have used this daily chart of the gold stock ETF, GDX…
A little daily chart micro management sees the first GDX gap fill this morning at around a 38% Fib retrace of the rally from the October low. The gap fill…
A little more micromanagement of GDX as the bounce/rally continues along. The correction is still technically in force and here we simply review what's needed to put it in the…
Just a quick follow up to this morning's video update. First and most importantly, I've changed the chart's color scheme from that tiresome yellow to something easier on the eyes.…
During the update I watched GDX go from slightly negative to slightly positive. I literally talked myself into taking the profit on gold miner short, DUST. The correction is likely…
[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…