GDX Pre-Trump Jitters; 60 Min. Chart

Here is another 'day trader' chart (hourly) of GDX showing the lower (Jan. 5) gap being filled (ref. Jan. 9 post using a 5 min. chart).  So that gap is…

Comments Off on GDX Pre-Trump Jitters; 60 Min. Chart

GDX Daily Chart Updated

Last week we had a couple looks at the GDX daily situation, first quieting the hype about the "superb" GDX and its "bull wedge in play" and then updating its…

Comments Off on GDX Daily Chart Updated

GDX: There’s a Bull Wedge in Play!

I'll not name the source because I have found that being a gold sector curmudgeon, frequently poking the gold "community" in the eye is a thankless and unrewarding vocation.  If…

Comments Off on GDX: There’s a Bull Wedge in Play!

NFTRH; Gold Stock Sector on FOMC Day

We have frequently reviewed this daily chart in order to manage the correction that began in August.  The downside target was 160's to 180, to fill the gap from early…

Comments Off on NFTRH; Gold Stock Sector on FOMC Day

K.I.S.S. the Gold Sector

"Keep it simple stupid."  I tell myself that all the time, and as I watch the various TA "top guns" (a term once hilariously coined by Jim Sinclair in reference…

Comments Off on K.I.S.S. the Gold Sector

Charts I am Watching

Just a few of the many charts I am trying to keep an eye on (and yeah, my head is spinning... but in a good way). First, here is my…

Comments Off on Charts I am Watching

NFTRH; Market Update, Post FOMC & BoJ

Who among us is surprised?  Volatility, noise and emotion close out another policy and media intensive week.  I continue not to see much of a stray from the view of…

Comments Off on NFTRH; Market Update, Post FOMC & BoJ