NFTRH+; Updated technicals on gold, silver & their ratio
Gold (daily) has barely bounced (although gold stocks have been trending up vs. gold for nearly 2 months now) and is trending down and locked below resistance. The weekly chart…
Gold (daily) has barely bounced (although gold stocks have been trending up vs. gold for nearly 2 months now) and is trending down and locked below resistance. The weekly chart…
As the Fed fights the last war (on inflation) the result is a rare thing; a bear market haven called cash, paying increasing income Safety Vehicles Gold: For long-term financial…
Gold's ratios to stocks, copper and silver (daily charts)... "It's a process" he parroted for months on end. Gold/ES continues its recovery and bodes well for the counter-cyclical view from…
Gold/SPX (GLD/SPY) ratio still bulling Here we have an important view underneath the market's surface, eh? For "best of breed" top down analysis of all major markets, subscribe to NFTRH…
Gold (daily chart) halted right where it was logical to halt, at the SMA 50. Now it needs to hold the EMA 20 (1698) and the associated support, which goes…
FOMC, inflation, commodities & gold Even as inflation expectations roll over from the 2022 high... ...the CRB index continues to bounce. Here's DBC for an up to the minute view.…
Gold/EURUSD holds major daily uptrend Just an fyi for my European friends. Despite gold's tank job in USD terms, Au/EUR is thus far holding trend. A European sees gold much…
Me neither... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic…
Silver apparently thinks that it can get the shorts covering ala #silversqueeze. And I am sure a lot of them are running for cover. The important point here is that…
USD is the anti-market, which has been hammering asset markets with its liquidity bid. The confirming indicator over the last several months as been the Gold/Silver ratio, which has established…
Excerpted from the October 2 edition of Notes From the Rabbit Hole, NFTRH 725: Gold & Silver Gold and silver (monthly chart) continue in the cyclical bear that started in…
As the proper macro fundamentals for gold mining grind into place... The real price of gold, as represented on the chart below by gold in relation to commodities, is constructive…
Our view has been for an interim decline in the market's inflation signaling and that is exactly what is happening, regardless of the tardy, backward-looking Fed still wearing its hawk…
Today could be the start of a contrary relief bounce in a wide range of markets, including precious metals. I had thought that FOMC might bring something like that as…