NFTRH+; Bear flag breakdown
The daily chart of GDX shows a bear flag (wedge) breaking down after it failed to take out the daily chart's SMA 200. This could be in prep for a…
The daily chart of GDX shows a bear flag (wedge) breaking down after it failed to take out the daily chart's SMA 200. This could be in prep for a…
Just doing the work and moving forward. NFTRH 705, out now. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth…
HUI Gold Bugs index on the bull theme As Huey pushes his cart of rocks uphill. Back in December we not only projected 2022 to be a golden year for…
The silver stock ETF is trending down vs. the gold stock ETF The bounce from a secondary low in gold stocks (HUI, GDX, GDXJ) has been going on since mid-December.…
It is no coincidence that gold stocks are positive as broad markets correct to varying degrees. As the inflation trades cool, gold begins to out-perform. Most gold bugs demand -…
Here is a theoretical plan for GDX. At least it is my rough operating guide for the near-term, subject to change as always. The Inverted H&S that everybody in the…
An update of the gold stock bounce As a TA, I respect charts first and foremost. On occasion that respect has burned me as I've missed big profit opportunity or…
Franco Nevada stock (FNV) leads again Early in the year we noted that FNV would lead them. Sure enough, it did; to a strong, tradable, but ultimately failed rally. Then…
A brief sector review While I hold a special place (in my thoughts and in NFTRH) for the gold stock sector due to its counter-cyclical nature, it's a big market…
Gold calmly continues cobbling its Handle, Miners lay in wait You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath…
Franco Nevada stock (FNV) is a gold stock leader FNV, which buys metal mined by ole' Huey above, perfectly registered the support (including the 62% Fib retrace level) as noted…
GDX dumped the 15 min. support area around 32.25 but is making a hint to whipsaw back above it. Classic shakeout? In doing this it is making a would-be hammer…
First they came for the gold stocks... Then they came for resource rich, emerging economies... Then they came for commodities... What's next? Will the Teflon Don (AKA the S&P 500)…
Spurred again by back and forth conversations with Jordan (Daily Gold) I want to clear the air for a moment about gold stocks and reiterate the ongoing plan, which is…