NFTRH+; Pictures (and analysis) from pre-market
The government is stepping in to bail out SVB depositors and the banks are still tanking. Graphic is linked to the article. As a side note, the government says that…
The government is stepping in to bail out SVB depositors and the banks are still tanking. Graphic is linked to the article. As a side note, the government says that…
In line with this morning's payrolls report, which increased in job numbers, but showed easing in cost-push inflation (wage growth), gold is retaking some of its relational trends vs. cyclical…
Gold and silver prices this morning in pre-market The gold price found the first support level and is bouncing from it. The allowance for a normal correction was to around…
The Gold/Copper ratio is intact and indicating risk for the cyclical global macro We projected a rally to run from Q4, 2022 to or through Q1, 2023. It is technically…
Gold and silver have dropped to viable support levels Gold has barely touched the top side of the 1780 to 1810 zone before bouncing a bit. While this is viable…
As a macro economic indicator, the Cu/Au ratio (CGR) is attempting to bust bullish. But with other cyclical items like Palladium, Oil, Lumber, etc. in the dumps it's a story…
Gold is cracking the daily SMA 50 today and thus is loading the target from 1810 area support to the SMA 200 (1783). The US dollar is taking out its…
As the gold stock correction continues, HUI's ratios to the gold price and S&P 500 do not yet indicate an end to the process The gold stock correction is thus…
Gold ratios to cyclical assets have weakened during an interim Goldilocks phase It's just the way it is at the moment as gold's ratios to cyclical assets show an at…
The sector is pulling back from the overbought risk area, as anticipated for a healthy gold stock correction Let’s take a look at a rarity for me; a public article…
Pre-market snapshots... Gold is holding support #1 in what could be a bear flag with fading volume. It did, however, hold a valid support area. I'd still ultimately think about…
Please, if updates like these make your head spin, consider taking them with a grain of salt or putting them in the 'low priority' file. We are simply managing the…
The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…