NFTRH+; This indicator is still on trend, and some thoughts about it

The HUI/Gold ratio (HGR, precious metals ‘internals’ indicator) is still completely on trend after a not unexpected rough day for the precious metals. It is interesting to me that the gold miners went up with inflation trades like commodities (DBC took a similar hit today) in general and oil in particular, and are getting whacked in very similar fashion. I do not like this as … Continue reading NFTRH+; This indicator is still on trend, and some thoughts about it

NFTRH+; Furthering the Hint in the Miners

On March 29th we noted a hint in the HUI/Gold (GLD) ratio. Today, it has progressed to a positive looking indicator. In fact the pattern looks a lot like the short-term bullish ones we’ve noted on stocks like WPM, KGC, NEM and others. The HGR is above the SMA 50 and if this inverted H&S looking thing breaks upward it would take out the SMA … Continue reading NFTRH+; Furthering the Hint in the Miners

HUI/Gold Ratio has tested the 2016 lows

The HUI/Gold ratio has tested the depths of the 2016 low and reversed with a vengeance. If this holds true it’s obviously a strong sign moving forward in the precious metals patch. So let’s see if it holds true. Usually a crash and immediate reversal has meaning. Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth … Continue reading HUI/Gold Ratio has tested the 2016 lows

alice

NFTRH; Status of Key Gold Stock Sub-Indicator (med. priority)

It’s status has not changed from constructive, but since the HUI/Gold ratio (HGR) is so important to the technical situation for the sector, I just wanted to pop an update in here using HUI/GLD. Sure, anything can happen. But as yet the only thing that has happened is that the HGR has remained doggedly positive to the case for the gold miners. At worst, this … Continue reading NFTRH; Status of Key Gold Stock Sub-Indicator (med. priority)

alice

NFTRH; Key Gold Sector Indicator Updated (high priority)

Far be it from me to wave pom poms. But also far be it from me not to highlight bullish events on a sector that only we and a few crickets (and perma-bulls) seemed aware of back in November. Yesterday’s update discussed the HUI/Gold Ratio (HGR). Here is how it closed yesterday. A new high for the intermediate trend. And here is how HUI/GLD looks … Continue reading NFTRH; Key Gold Sector Indicator Updated (high priority)

alice

NFTRH; A Gold Sector Proving Ground (high priority)

As gold is breaking its daily chart flag and taking the next leg up toward the 1378 gateway (big picture resistance as noted on the monthly chart) dialing back to the smaller (daily) picture we have noted that the HUI/Gold ratio (HGR) needs to break out and hold above its 200 day moving average in order to give a significant bull signal. Barring a head … Continue reading NFTRH; A Gold Sector Proving Ground (high priority)

Reviewing Different Time Frames on the HUI/Gold Ratio

Using HUI/GLD for the daily chart of an important sector leading indicator, we see a ratio price that is above the declining SMA 50 and below the declining SMA 200. It really needs to get above the SMA 200 and turn both moving averages up in order to really get us on bull alert. The lower panel indicators are green across the board and that … Continue reading Reviewing Different Time Frames on the HUI/Gold Ratio