A Look at Precious Metals Seasonal Patterns
Based on 30 years of data gold was fairly normal to its seasonal average until dropping to disconnect from it in April. From Sentimentrader... I don't mind that in the…
Based on 30 years of data gold was fairly normal to its seasonal average until dropping to disconnect from it in April. From Sentimentrader... I don't mind that in the…
Were I conspiracy minded I'd be looking at this chart and wanting to punch someone (or some black box robot) in the face. Oh wait, I am conspiracy minded; the…
Pd... breaking bad again. Pd/Au... also looking none too pleasant. This is a would-be negative macro indicator. Pt... threatening my bottoming stance (and long position), but still intact to that…
It's a metallic 4'fer beginning with the economic metals (futures). Copper for cyclicality and gold for relative counter-cyclicality. Copper is fading to support again. Sure, it can fade to 2.70…
As usual, I point you to the screenshot for a fraction of what's going on this week. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly…
Copper futures are testing the support area again after dropping below the daily SMA 50. Not too stellar there, Doc. Copper/Gold is testing its 2019 bullish trend now. A cyclical…
Well here it is. Here is the fallout from the hype that I wished I'd have been even more strident about in February. HUI HUI has dropped to the SMA…
While the hype is aiding my position in Russia (ERUS) it is hype nonetheless. As for gold, well... that didn't last long. Of course that should be no surprise. You…
Before the promotional corners of the gold community start with the conspiracies, excuse making and general placing of blame everywhere but where it belongs, let's simply note that this correction…
Here is a chart from yesterday morning's NFTRH subscriber update showing the breakdown from a short-term topping pattern and the relevant support areas at the SMA 200, 1240 and 1215.…
Well, the anonymous (but all too real) bullhorns from February symbolically killed the rally. They announced to the world how high gold was going (synthesizing two of them gold was…
Silver is poking through the 1st support level. The next level is at 14.50, which has gained a better chance of being hit due to the incomplete CoT trend. Gold…
At the request of a subscriber we will be tracking the USD/CNH relationship (which I can easily do now that I've subscribed to TradingView). The relationship between the US and…
The trends are not finished and so we've expected it to get worse before it gets better. And in gold especially, that is what went on as of Tuesday April…