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We have followed the daily chart parameters all the way through the rally and HUI is hammering a key support parameter right now. Unfortunately, my
I left with everything fine and came home a couple hours later to see that the gold sector along with the rest of the anti-USD
A little reminder for those interested in the sector (and I know you’re out there aplenty) that our first major parameter for the rally is
Well, I think the red headed step child has been beaten enough, don’t you? Pardon the insensitive old fashioned expression, but the point is that
I was mildly annoyed watching the gold stocks get gamed today as the oh so dreaded FOMC minutes loomed. But I realized that nothing had
I’ve been watching the HUI/Gold ratio this week as it refused to break down amid the recent bearish price activity and is now looking constructive.
I realize that at some point this could blow up in my face, but I am fully hedging* gold miner exposure again as I am
I sold the direct hedge positions on the miners (DUST) as HUI has dropped to within 2 points of the beginning of the key support
The road, in this case, would be the HUI 195-200 level we have been projecting as key support. Below is the daily chart we’ve used
Unless you are a momo driven, hopped up speed freak so abundantly populating today’s markets, you might view the immediate – and appropriate – short-term
With the disclaimer that several quality gold stocks are already bullish – which I’ve seen as a positive divergence for the sector – we take