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…
The yield curve is fading and the 10yr yield is consolidating. Yields and inflation expectations had been rising with the optimistic 'Trump trade'. That made the gold sector an also-ran…
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…
In NFTRH 434 (2/12/17) we noted the key pullback support levels for the HUI Gold Bugs index. These were 209 (daily EMA 20), 200 (weekly EMA 55) and 195 (convergence…
While a laggard due to the sector's former need for a hard correction and the election's aftermath, the gold stock sector has recently broken out vs. the S&P 500 as…
Let's keep it super simple. This pullback actually builds in the potential for a more extended rally than if Huey had just kept going up into over bought territory. The…
For those would-be contrarians watching the gold stock sector, I think an update might be timely. The bounce scenario got croaked after the Fed presented itself as more hawkish than…
We have frequently reviewed this daily chart in order to manage the correction that began in August. The downside target was 160's to 180, to fill the gap from early…
HUI has been targeting as low as the gap at the 180 area for months now, since losing the 50 day averages. I may have shown this chart once publicly,…
A nice bounce for the precious metals sectors today. Key word is "bounce", as we have been noting. This is setting up a selling opportunity for those who traded the…
SPX continues to lurk in what looks like a bear flag in preparation for more testing of the thick support zone. Europe is dealing with resistance in the form of…
"Keep it simple stupid." I tell myself that all the time, and as I watch the various TA "top guns" (a term once hilariously coined by Jim Sinclair in reference…
As noted in NFTRH 417's simple Precious Metals segment, we'll reserve some details for in-week management of the gold sector, especially regarding gold stocks and HUI's shorter-term situation. There is…
Let's take a look at a daily chart of Sandstorm (SAND, SSL.TO) since one theme going forward (in an inflationary phase) is to prioritize Royalty/Streamers and exploration over gold producers,…