Well here it is. Here is the fallout from the hype that I wished I'd have been even more strident about in February. HUI HUI has dropped to the SMA…
Here is a chart from yesterday morning's NFTRH subscriber update showing the breakdown from a short-term topping pattern and the relevant support areas at the SMA 200, 1240 and 1215.…
Silver is poking through the 1st support level. The next level is at 14.50, which has gained a better chance of being hit due to the incomplete CoT trend. Gold…
The trends are not finished and so we've expected it to get worse before it gets better. And in gold especially, that is what went on as of Tuesday April…
From a post on gold and silver on Tuesday... Very simply, if it’s an H&S it’s a minor one with a target to the SMA 200 or short-term lateral support.…
In other words, it's proving time for the metals. We've been following the non-stellar daily charts of gold and silver along with a stellar sector technical indicator (HUI/Gold ratio) and…
We can be sure by now that the sentiment that got so over bullish in February has been cleaned up. While it was not real analysis we used to decry…
I have to hit the road today for most of the day. But a little note here as USD is firm and gold is getting dropped because, well, GDP was…
![Read more about the article Gold and Silver CoT [w/edit]](https://i0.wp.com/nftrh.com/wp-content/uploads/2019/03/cotau-1.png?fit=279%2C120&ssl=1)
Silver's Commitments of Traders shows improvement again this week while gold's CoT wallowed without much net change. Silver's large specs continued to puke up the metal while the Commercials continued…
From yesterday's post... "If it [gold] takes the 50 out and zooms back up great, the pom pom brigade will be back in business. If not, the SMA 200 and/or…
The daily futures charts (click to expand) show gold curling up to try to re-take the SMA 50. If it takes the 50 out and zooms back up great, the…
The simplest of updates to remind that the HUI/Gold ratio has remained intact throughout the sector pullback and that remains the case today as gold and silver continue to drop…
Silver is the more excitable precious metal and it has fallen out of bed since we noted the dangerous (albeit anecdotal) sentiment extremes in the gold (and silver) community. Another…
I made a note in the Trade Log about a mistake I made in putting too much stock in what were still over bullish readings in the gold miners yesterday.…