Gold Miners in 2017 Whipsaw
Ever since 2012's failure of the 'QE 3 rally' in the precious metals it has not been fruitful to micro manage the gold sector, because that failure jump started a…
Ever since 2012's failure of the 'QE 3 rally' in the precious metals it has not been fruitful to micro manage the gold sector, because that failure jump started a…
I have fun putting up the tired looking Huey Lewis picture (I couldn't stand that music) and am always happy to poke the gold perma pom poms simply because of…
As you know, we have been setting HUI in the chains of the now-declining SMA 200. Here is the daily chart. The parameters are the 50 (blue) and 200 (red)…
The still-bearish Gold Miners index was due for a bounce at lateral support and that is what it got. Here is one of the charts by which we plotted the…
In NFTRH, we have expected a "bounce" and Huey is finally doing just that; bouncing. But there are several parameters and milestones we are managing on daily, weekly and monthly…
The US stock market and precious metals are the areas of interest because without one cracking, the other does not step forward. While we have defined an uptrend (as opposed…
Gold is ticking a 'higher high' to the February high this morning and technically, that is a good thing (implying a confirmation of an uptrend). But never do you buy…
I do not love micro managing the gold sector, but here we are doing it again because well, it's the gold sector and it is intense. Please pardon the micromanagement…
That's the limit folks. Ever since HUI and GDX failed to exceed the November highs we've been on pullback watch. What makes matters more complicated is that said pullback has…
A brief snapshot of several gold/silver stocks (in no particular order) that I either hold or have on radar... Royal Gold just about touched support, which coincides with the SMA…
NFTRH 430 wondered about how the miners could be looking good and still-bullish and the metals were much less so. So I think an in-day snapshot is in order because…
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…
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…
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…