GDX Weekly Chart We noted the overbought status of daily GDX earlier. The weekly chart is also getting overbought. This leg has been vertical, after all. That is impulsive and…
Nothing has changed for me. As long as the fundamentals stay intact I am bullish. But since the gold sector came out of the gate this week still on a…
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It's not a chart of nominal HUI with upside technical targets. We'll do that in NFTRH this weekend, along with the usual individual miners. Rather, it's a companion to other…
I make the point in the title because the real fundamentals that matter for the gold stock sector must be in line at the beginning of a real bull phase…
Impulsive rallies can be blow off ending signals when they come after long up trends and amid over valuation. One recent example was the January 2018 manic blow off and…
Well, we (NFTRH) had the gap on radar for a reason and that reason came yesterday. Today HUI is doing it one better and going for the 62% Fib retrace…
Just a quick note. As I said to my friend Scott just a few minutes ago... "Hey Scott, it is actually pleasing to me that they are taking down the…
So today we had some gold stock buying at the equivalent of the favored pullback support area noted in this post on April 18th. With all due consideration that there…
Okay, now I am getting geeked out. One of the most fun and rare times in what I do is when something big happens that I feel in my gut…
One problem for the gold stock sector was highlighted here and here evidently a little too obnoxiously for the liking of some bugs. The problem was the aggressive bullhorn sounds…
Thinks the inflationist gold bug: Why, I pitch gold miners and gold and silver and oil and tin and copper and hogs and... inflation! Buy resources!! Buy whatever will go…
A look at the US stock market's relief rally and another note on the gold sector... S&P 500/US Stock Market Folks, as the stock market always seems to do, the…
Today it is official. HUI poked 170 for the first time since we began this grinding process several months ago. And unlike the majority of the rally from the September…
As the stock market cracked on October 10th we noted... Looks Who’s Holding Firm Amid the Carnage; the Gold Miners And sure enough the GDX bottoming pattern noted in that…