A simple daily chart view of HUI showing what needs to happen in order for Huey not to abort its bounce potential. It needs to bounce from the current area…
Technical We have gone on about the bad fundamentals for too long now. With the sector washing out it would be best for a buyer to see the US stock…
Gold is breaking down from a short-term bear flag below the moving averages. That December low was a higher low to the one before it and to remain intact gold…
Technical HUI is indeed filling the gap as we speculated might be the case in the last update. Recall in that update we had noted HUI creeping above the SMA…
Since the sector never did give up its positive indicator underpinnings (like HUI/Gold & Silver/Gold ratios) and HUI is popping back above the SMA 50 for today at least, I…
As the US dollar pops to the anticipated test of the down trending SMA 200 (91.92, with USD currently at 92.09) we finally have this out of the way. That…
As I have belabored over the years, the same implications that can spur a rising US dollar can go hand in hand with a bullish case for gold mining. That…
I am not going to play precious metals sponsor or cheerleader. I'll get rid of positions if given the signals because all this ever was to this point is a…
This morning is a microcosm of what we'd want to see for gold, silver and PM complex in a counter-cyclical environment. Even as USD settles after painting a bearish candle…
A very simple update on the gold sector. We have noted HUI support at 170 but also the 2016 secondary low at 160 as another support area. A hold or…
A little in-day management for gold bugs. Last week's update noted resistance beginning at 190 and noted that was the place to sell if you're a trader. So I assume…
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 status as 'work at home…
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 'inflation trade' got hammered today.…
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 the resistance beginning at HUI…