With respect to the previous post… no neckline break as the last hour took a little off the top of GDXJ. Just a play-by-play FYI
Our furry friends are going to need to make a decision soon. That is because the still-intact bottoming (bounce) patterns we noted on GDX and
No folks, I am not a day trader! :-) But that does not preclude me from dialing in to short-term views, and a short-term view
Yesterday we noted that GDX got zonked on the close and today in what looked like a running of the shorts DUST took an accelerated
The bounce we were speculating about is here and now it is time to manage its upside parameters. A simple weekly chart shows 188 an
Here is this morning’s pre-market NFTRH subscriber update reproduced publicly, with my compliments for anyone interested. I did not want people to fall for yesterday’s
Gold stocks very logically bounced from the equivalent of HUI 152, which is support from 2008 and the 2002-2003 period as we noted in NFTRH
The gold stock sector is pulling back today after HUI made a new recovery high of 242.53, just below our anticipated strong resistance zone of
This chart shows HUI dropping through the 205 parameter today. While it is technically at support (and getting sufficiently over sold) as you know, without
HUI is coming to 205, as anticipated. That is the key support zone to a big picture bottoming stance.
Ukraine war hype, China demand drop, GOFO mysteries… these are the short term noise inputs on the gold sector. US Treasury bond yield spreads, gold
Gold continues to look like it wants to test support at around 1270. A rise above 1300 could put that prospect in the rear view
Data came in weaker this morning with a home sales drop of 3.3% in February. The ‘all one market’ market is cheering to banish the
 Adding an alternative view of HUI The good news is HUI remains on the plan for a potential Inverted Head & Shoulders bottom.