Filled the gaps from last week, that is. That is a good thing. As such I covered my hedge (DUST), but also sold a couple miners (HL & WDOFF, ref.…
As you know, the daily charts are in gross looking patterns, having failed to hold support. HUI has filled its '212 gap' and also has a gap way down at…
For you gold stock sports fans, per 15 minute charts... GDX and GDXJ are each filling the opening gap up. This is no comment about micromanaging a resumed rally (nothing…
Using fresh, un-marked charts for simplicity... It's right on cue, pre-FOMC. HUI is testing the 50 day average as expected. I make no remarks about bullish or bearish or the…
[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…
The daily chart of GDX continues to be locked in the correction's downtrend channel after holding the (green dotted) neckline. Below both the down-sloped SMA 50 and up-sloped SMA 200…
In yesterday's update we noted that the HUI index and the ETFs were still in corrective consolidation. After a gap up this morning, that remains the case as they have…
Despite the big up day, HUI (daily) remains in consolidation. GDX (daily) remains in consolidation. GDXJ (daily) remains in consolidation. Captain Obvious's bottom Line The gold stock sector remains in…
A little in-day micromanagement for your viewing pleasure. The correction grinds on and folks, the miners have needed this, a running of the bugs. HUI dinged the 375 target and…
In-day micromanagement... GDX 15 minute gapped up to fill the upside gap from last week and promptly dropped again to fill the opening gap. Where does it go from here?…
[edit] A chart was uploaded to the Trade Log Notes showing the GDX gap filled already. From a subscriber just now... Gary – Hate to ask it, but could you…
A subscriber asked how far I thought GDX and GDXJ might pull back. Well, assuming a pullback continues after yesterday's gap fills I've marked up the short-term support levels at…
Yesterday GDX broke upward above resistance and filled a gap down from May. It must now use that former resistance as support in order to keep the most comfortable scenario…
GDX is threatening to break the pattern today. It has taken out the trend line and a clear of point 2 could set it on its way. We've been noting…