HUI was in positive correlation to long-term Treasury bonds (TLT) from the top in the fear trades last summer to the end of February. Then they went opposite each other…
There is so much to cover in a weekly report that sometimes I cannot be as pointed as I'd like in my wording. Hence, in-week updates like this one to…
The media is hyping this Fed meeting as one that may include a bit less dovish tone at Powell's press conference after the the FOMC releases its latest inaction tomorrow.…
Let's take a snapshot of where the precious metals complex stands this morning. Gold probed the upper 1600s and support before the bounce (which continues this morning). Is this the…
A super simple update showing that yesterday HUI dinged the 1st resistance level per Monday's update. So far that has held. Again speaking personally, I'd love to see a capitulation…
With gold and silver positive in pre-market a bounce we had thought possible if not likely prior to a final capitulation could come about. HUI (daily) has hit the upper…
Personally, I could not ask for a better outcome than for the gold stocks to continue dropping while the risk 'on' stuff drops because of bad economic news (jobless claims).…
[edit] Obviously not all gold stocks will follow HUI. Some of the smaller ones are and have been going their own way. I am using HUI as a general guide…
The previous update simply talked about the daily charts of GDX and GDXJ. Straight up technicals. Let's put a couple wrinkles into the analysis. First, with respect to the often…
It's as simple as that. HUI is on a plan that includes if not favors a drop to the confluence of lateral support and the lower line of the downtrend…
Chests were thumping and endorphins were releasing on Twitter, as if it were a done deal. Well, the deal is not done yet. But if we are going by the…
In true testament to the idea that a TA can make a chart say whatever she wants it to say, let's put aside for a moment the H&S pattern (ref.…
Another HUI micromanagement update. HUI daily is losing the pattern neckline in-day. It can hold the breakdown or it can head fake reverse back upward. I does not matter to…
With reference to yesterday's update showing a potential Head & Shoulders pattern on a weekly chart, let's dial in to the daily and marvel at how they don't make it…