While the daily chart situation shown in the previous update is still the same, the 15 min. chart, which we viewed on Monday, is still working to try to mitigate…
[edit] To clear any confusion, Target #2 is the 260 +/- zone we've discussed for several months. Drawn in detail here, it is the noted support zone, biased to the…
Interesting snapshots of gold and silver below, opening 2021 in contrast to the bullish seasonal averages. I think we are shaping up opportunity here. Keep an eye on silver and…
A little micro management for anyone interested. The key line for HUI to hold is noted below. So far it is holding. A gap has been filled to the downside…
HUI +7.5% I had the best day of the whole year today! All one day of it. But seriously, I think it was better than any single day I had…
In NFTRH 636's Opening Notes we used the SPX portion of this chart to note... Then for good measure a flagging stock market wondrously rallied basically on the vapors of…
It is a post-FOMC holiday week with Stimulus news out. What better time for some confusing market moves? The FOMC week bounce in gold stocks, which has the potential to…
As Huey pushes his cart of rocks out of the dark and up the hill... In NFTRH we did a lot of work managing the oncoming correction, the valid reasons…
The US dollar remains in bearish lockdown, technically The daily chart shows a slight bounce attempt that itself may be suspect, even as USD is positive morning. Barring a take-out…
[edit] Payrolls data are out, they were well below forecast (+245,000 vs. +432,000) and the market is taking it as a big nothingburger. Gold and silver barely moved, the USD…
The last time I wrote a title like the above was on June 19th; and wouldn't you know that the correction ended the very next trading day? The consolidation breakout…
Don't obsess on the US dollar dear bugs. That is easy analysis that leads to poor outcomes at key junctures. In this case it would theoretically mean that an anti-USD,…
The perfection is in the fact that one is getting brutalized by the optimism breaking out everywhere (Media serve up everything from vaccines to the presidential transition to the appointment…
In some ways the gold miner correction almost had to happen. So says the chart below. A reminder here is that nothing is happening now that did not happen in…