NFTRH+; GDX Gap Filled, But Mind NFTRH 835 (HUI) Pullback Potentials, Plus Notes
Today GDX is dropping hard to fill the September 12 gap up at 37.41. It is also smashing into support at 37.30. This could contain the pullback, but using HUI…
Today GDX is dropping hard to fill the September 12 gap up at 37.41. It is also smashing into support at 37.30. This could contain the pullback, but using HUI…
We had reviewed something of a wedge or ending diagonal, represented by the lower red line. That is being broken this morning as the 50 day moving average is also…
From Sentimentrader comes the public optimism (OPTIX) reading. While we have noted daily HUI and GDX to be in pullback mode within the uptrends from March, this indicator - independent…
The gold price is on a big leg up toward the next target of 3000+, but there is more to the story than that... Just to be clear that the…
Reviewing a minor pattern, HUI's Head & Shoulders (would-be) Top I say "minor" because even if it plays out it's just a little feller, with a measurement to around 300,…
The financial media appear to once again be leading the public astray about the Yield Curve situation The media pounded and pounded the yield curve's inversion as a signal about…
It is just one way of viewing the bull market, but the relationship between T-bill yields (Fed Funds proxy) and the HUI Gold Bugs index is an important one. We…
Many gold stock traders will hold for the wrong reasons, sell for the wrong reasons, and not buy back for the right reasons It is one of the most interesting…
The previous update covered the short-term situation, using GDX. This update will cover HUI daily, weekly and monthly charts as a reminder to our goals for this rally. First, HUI…
The gold stock sector is on the verge of taking back the macro, and taking leadership over the broad SPX This post is prompted by a post I saw on…
My interview yesterday with he who is simply the best interviewer I know of, Jordan Roy Byrne 35 minutes goes by in what feels like 5 minutes when you talk…
The macro setup for gold stocks is evolving into something that will surprise many after decades of poor fundamentals I don't make a habit of pumping the most frustrating stock…
The gold price is fully intact, technically, taking recent market volatility in stride Gold is riding the 50 day moving average after working off overbought readings, comfortably maintaining its uptrends…