NFTRH; Downside Targeting Updated for Silver & HUI
Silver has pulled back to a 38% Fib, the SMA 50 and a lateral support shelf on the daily chart. Good work. The weekly chart shows that area to be…
Silver has pulled back to a 38% Fib, the SMA 50 and a lateral support shelf on the daily chart. Good work. The weekly chart shows that area to be…
The interplay between gold and silver is a critical component to understanding what is out ahead; to understanding whether long-term Treasury yields will rise and if they rise, whether it…
That thing on Monday had me a little perplexed for a couple of reasons. First, there is the CoT for gold and silver that had been stretched to a degree…
Interesting setups in the markets. The futures are positive this morning and though the markets have had a couple tough days the "drive to 5" remains on track. The very…
So we have FOMC standing ready with the actual potential to rock the markets due to the split opinions of the Fed Rate Futures boyz. It has actually moderated back…
It's possible that silver is getting on its horse right now. Here's the 5 day silver price futures. And here is the weekly silver price futures, which lends definition to…
If you hear one peep out of the gold community about a precious metals "take down", "attack" or any other such aggressive or war-like language you will then be hearing…
An update to yesterday's update. When I looked at silver in US pre-market this morning it had a big red candle well below support. Now it has hammered back above.…
Since silver has been the leader lately this more hysterical metal is better than gold for gauging the general precious metals correction from overbought readings. Let's keep it super simple.…
Okay, so resistance at 18.67 has been impaled and exceeded. Back May and June when I was buying SLV and noting so in NFTRH to the sound of crickets in…
Since we noted the initial move to break the 200 day moving average - and at least temporarily break the downtrend on August 27th - the Silver/Gold ratio (SLV/GLD) has…
Time for a checkup on the rally starting with silver, which is trying to take over leadership, per the futures charts below. Please click for clearer views. The best target…
Time for another installment of Gold vs., as we review the counter-cyclical metal vs. it's cyclical counterparts using ETFs. But first, the gold price vs. the silver price is closing…
As if its ears were burning when I mentioned it in the previous post, the Silver/Gold ratio hopped on and is starting to ride this morning. Now, the questions are...…