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,…
It is debatable as to whether the sector has bottomed but what does not seem debatable is that there is so much less risk baked in now than there was…
Even in bull markets the corrections are brutal. That is because this is a relatively small sector subject to relatively large hype. When the gold sector gets sharp pullbacks the…
A quick one for traders and investors, alike. We talked about the potential for a bounce on HUI from the noted trend line in an update yesterday... "if Huey is…
A quick and simple visual on 2 of our primary markets of interest. SPX and the general US stock market are bouncing after dropping early. The market gapped down yesterday…
The gold sector has taken a good hit since the highs in July. That means there is fuel for a rally if the Fed rolls over as the Fed Futures…
A calming update amid jumpy financial markets... I want to put up a clear picture of HUI daily and use it as a potential road map, considering that things could…
HUI had a best 'bounce' target of 250 to 265 (if this was to be only a bounce as originally projected) as we anticipated a positive reaction at the 220…
On September 1 we reviewed this chart in an NFTRH update projecting a gold sector bounce due to an over sold condition, a preponderance of gold bugs talking about an…
A very simple update. HUI has been pounded down to the support area defined by the lateral cluster that was the May-June pattern, and has filled Gap #1, as expected. …