NFTRH+; Gold, silver & ES
Pre-market snapshots... Gold is holding support #1 in what could be a bear flag with fading volume. It did, however, hold a valid support area. I'd still ultimately think about…
Pre-market snapshots... Gold is holding support #1 in what could be a bear flag with fading volume. It did, however, hold a valid support area. I'd still ultimately think about…
Please, if updates like these make your head spin, consider taking them with a grain of salt or putting them in the 'low priority' file. We are simply managing the…
The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…
In that they are rallying with the broad global macro, gold and silver - along with the miners - are still nothing special. I expect them to be special in…
Here is a snapshot of what gold and silver are doing pre-US open. Also, pardon me while I experiment with a new post editor (actually, it's not new but I've…
With reference to previous updates on GDX and Gold and Silver, let's bring things up to the moment. Gold (futures) is breaking through the 1920 area resistance this morning. It…
Yesterday we reviewed a potential halt (and pullback) area that GDX has risen toward. Today, let's take another look at the daily charts of gold and silver (futures). Gold hit…
Gold is having a normal disturbance at the SMA 200 and associated resistance. What would make gold less normal (to an ongoing short-term rally) is a drop below support at…
It's FOMC week, the eggheads have dispersed to their private offices and now into the void comes man, machine, black box and casino patron of all stripes. FOMC week; it…
[edit] The analysis below, if it proves to be bullish, is about precious metals only, not broad markets. A subscriber questioned this and I'll again note that the view for…
The daily chart of gold shows a retreat in the price to the 1st support level, which should hold if this is going to be a relatively easy pullback/correction. This…
Today the market is supposedly negative due to election uncertainty. But whatever way it goes, the historical post-election data suggest out performance compared to the 2022 run up to the…
The gold price (futures) has taken out resistance #1 at 1675 and is trying to take out 1700 as well. The next objective is around 1750. Aside from that, it…