GDX breaks a trend line... We have (NFTRH has) fully anticipated the short-term bullish move in the gold miners, and I have my holdings, including FNV as linked just below…
NOTE: I will be on the road for the next couple of days, so please don't interpret any lack of activity on my part as having anything to do with…
From my Fidelity screen here is a picture of GTBAF (GBR.V) doing what needs to be done to undo the technical damage. Just two weeks ago I was considering taking…
Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to…
Personally, I could not ask for a better outcome than for the gold stocks to continue dropping while the risk 'on' stuff drops because of bad economic news (jobless claims).…
Corrections in Gold and Gold Stocks are completely normal in an inflationary macro market phase See also The Normalcy of Gold posted on February 16. Every week I notice the…
The previous update simply talked about the daily charts of GDX and GDXJ. Straight up technicals. Let's put a couple wrinkles into the analysis. First, with respect to the often…
The daily chart of GDX continues to be locked in the correction's downtrend channel after holding the (green dotted) neckline. Below both the down-sloped SMA 50 and up-sloped SMA 200…
In NFTRH 636's Opening Notes we used the SPX portion of this chart to note... Then for good measure a flagging stock market wondrously rallied basically on the vapors of…
Is it 2003-2008 for gold stocks? So this correction in gold stocks brought about frustration but did not (to my eye, anyway) come near the point where the gold bug…
As Huey pushes his cart of rocks out of the dark and up the hill... In NFTRH we did a lot of work managing the oncoming correction, the valid reasons…
From the Opening Notes segment of NFTRH 631 (hint: I'm not too smart and luckily I know it)... The tack since mid-year has been to hold on to the vast…
Maybe a little too much detail, as the TA novelty known as the Andrews Fork makes an appearance. But here is the story that the bigger picture weekly view of…
Well, NFTRH 623 ground out its analysis about a grinding market, including the bear flags that were flying in the gold miners last weekend. They seemed almost too obvious per…