NFTRH+; GDX on plan, parameters & discussion ensue
In this update on the HUI, HUI/Gold ratio we also noted that GDX had not yet filled its gap below 29. Well, now it has. Filled it yesterday and is…
In this update on the HUI, HUI/Gold ratio we also noted that GDX had not yet filled its gap below 29. Well, now it has. Filled it yesterday and is…
While the HUI index dinged the upper end of the 230 (+/-) target today, per the monthly chart... ...the HUI/Gold ratio probed below the daily chart's SMA 200 but closed…
The HUI/Gold ratio (HUI/GLD) is dwelling below the 50 day moving average for a 3rd day in a row. That is not positive, even if it is not yet proven…
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…
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…
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…
Well folks, the HUI/Gold ratio held up once again as the sector has pulled back. This is not bear market behavior. In a bear market the miners would normally get…
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…
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…
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…
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.…