Tag: gold
A Trip to the 70’s Using Old School Charting
In my April 31st presentation on Stockcharts, I begin by walking you through the Economic Modern Family (Russell 2000, Retail, Biotechnology, Regional Banks, Transportation,...
Gold Trading Update: From Monthly Dojis to Today
On March 31, I tweeted about the SPDR Gold ETF NYSEARCA: GLD.
It is a good thing I do not rate my trading advice on...
Commodities Crash Sending Bearish Message About Economy to Hopeful Bulls
TR Equal Weight Commodity Index "monthly" Chart
Commodities have been hit hard in 2020.
There are few shining stars in this asset class. One of those...
Are Gold and Silver Mining Stocks Ready for Some “Breaking” Out...
It's been an interesting year for precious metals investors.
While Gold has been the shining star this year, clocking gains of 14% (through April 23),...
Rising Gold Receiving Monetary Policy / Money Supply Tailwind
The recent bout of volatility that gripped equity and bond markets also pushed currencies around.
During the dire days of March, the U.S. dollar and...
U.S. Dollar Breakout or Breakdown? Gold Bulls Want to Know!
US Dollar "Monthly" Currency Chart
The US Dollar is always on Gold bulls minds. A weak dollar tends to be a tailwind for Gold prices...
Gold Could Rise To $3000 If This Price Pattern Completes
Gold "weekly" Chart
In 2011, Gold bugs were gushing with bullish sentiment as Gold prices rallied sharply before peaking around $1900.
That peak formed at the...
Gold Futures Hit Price Target, Reversal Risks Rising
Gold Futures Chart
Gold futures have achieved my MFU-4 price target of $1790 so I closed my long position and recommendation to clients.
An MFU-4 target...
Gold Futures Build Trading Momentum: Upside Price Targets
Gold Futures “daily” Trading Chart
Last week, I pointed out that a rally in the price of Gold was underway (due to a technical breakout).
Analyzing...
Gold Futures Trading Update: Breakout Could Target $1740
Gold Futures "daily" Trading Chart
After forming a tradable bottom in March, Gold futures rallied up to test its 2020 highs.
Since then, Gold has fallen...
