Macro Technical Update on Silver
By Andrew Nyquist
Due to time constraints this morning, I'm going to keep this a bit short and let the charts speak for themselves. In summary,...
Silver Knockin On Fibonacci’s Door
By Andrew Nyquist
Since breaking out above its downtrend line, Silver (SLV) has rallied to the key Fibonacci retracement level of 38.2 percent ($34.12). This level...
Gold Consolidation Continues Near Key Resistance
By Andrew Nyquist
Consolidation is A-Okay with Gold (GLD) bulls. Or at least it should be. In fact, a quick low volume move lower may assist in...
AAPL vs GLD Chart: Apple’s Stock Has Been Golden
As Apple's (AAPL) stock crosses $700 per share, and in the spirit of some good ole fashioned Apple fun, I thought it fitting to...
Chartology: Gold Bumping Up Against Important Price Magnet
By Andrew Nyquist
After basing for 3 to 4 months, Gold prices rocketed higher. The recent run began well before the Fed announced its new bond...
This Chart Says It All: Gold vs Equities vs The Dollar
By Andrew Nyquist
Below is a chart showing the relative outperformance of Gold and the S&P 500 vs the US Dollar since the June bottom in equities.
What's...
Chartology: Gold (GLD) Prices Break to 5 Month Highs
Not to be outdone by its glitter twin Silver, Gold (GLD) followed suit, breaking higher to new 5 month highs while poking its head...
Chartology: Silver (SLV) Breakout
Silver (SLV) rocketed higher pushing to the 30.75 resistance level that I mentioned in my previous technical update. However, considering the way it burst...
Chartology: Gold (GLD) Technical Update
After flirting with a breakdown in late May, Gold Trust (GLD) consolidated above lower support before breaking to new short term highs. GLD recently broke...
Chartology: Silver (SLV) Technical Update
After forming a three month base, iShares Silver (SLV) broke out above resistance to new short term highs (see previous chartology on Silver). The...