The Copper/Gold ratio remains at a key decision point Gold has been clobbered lately but a key metallic macro indicator remains in a long-term congestion zone. If it's going to…
A lot to discuss about the macro market and its signals, but I'll save it for the weekend. Right now let's zoom in on gold and silver, and reaffirm what…
Gold/CRB ratio indicates a positive risk vs. reward for gold over commodities Most of the 2020 risk in Gold/CRB has been bled out over the last year. Sure, the ratio…
[edit] Of course, every big buy in gold is a "whale purchase" or some other legit sounding thing while every big dump is a "paper sale!" to manipulate the price…
HUI's bounce has come to its first key level. Here resides the down-sloping SMA 50 and lateral resistance. This was the minimum bounce objective and it could halt the bounce.…
[edit] heading into the open DXY has taken back the SMA 50. FYI... Daily chart technical snapshot of some key items Gold is testing Friday's break above the SMA 200.…
With all due caveats about seasonal averages (these cover 30 years) and the variations from them in any given year, below are the facts of what these commodities have done,…
The gold stock correction was readable, and now it is maturing One tool we used a year ago was the out of whack state of HUI vs. the Gold/SPX ratio.…
And they bought gold bars, not GLD Gold's potential reward vs. the risk in stocks is absolutely compelling now. That is not a comment on near-term price action, but it…
GDX/GLD ratio is not confirming gold's bounce And so, considering what at least has a chance to shake out as my preferred macro scenario - complete with gold herds, stock…
Gold is bouncing from the deep drop to test the previous lows in March. Note the word "bounce" because it will not be anything more than that unless it takes…
Market liquidity is draining from different vantage points On Wednesday I made a post that showed the "metallic credit spread" (as coined by Bob Hoye) known as the Gold/Silver ratio…
I wanted to get this posted now but am not going to proof it for typos or confusing language (past dinner time). I'll proof it in the morning, so if…
Gold and silver got bombed last night and have been recovering ever since. Here is the status of what are thus far Hammer candles. Gold broke down into the downtrend…