Tag: precious metals
Silver Bulls Hope Bearish Patterns Are Bullish Again!
Silver (NYSEARCA: SLV) is likely nearing a big move.
So buckle up, bulls and bears, as the current price patterns suggest a historically large move is...
Gold Bugs Would Jump For Joy If $HUI Index Breaks Out
Despite a few Bull/Bear market swings, the Gold Bugs Index (HUI) has spent the past 20 years within a broad rising channel.
The Gold Bugs...
Gold Bugs Hopes Hinge On These Head & Shoulders Patterns!
Last week I pointed out a potential top on the US Dollar / Gold ratio. Â That would be bullish for gold bugs.
This week, I...
Gold Bugs Are Cheering On This Double Top Pattern!
Gold, Silver, and the precious metals industry have a pretty simple relationship with the U.S. Dollar:
They perform better when the Dollar is weakening... and...
Is This the Start of Metal Mania?
Today, investors may have gotten a glimpse of what could be the impending dilemma for the market as it ends 2018 and begins 2019....
Time To Go Long Gold Miners and Short the S&P 500?
The precious metals sector continues to be a "grind", offering a few trades but mostly sideways to lower action.
Gold prices have slogged along and...
COT Report: Is Gold Basing For A Broader Rally?
The chart below looks at non-commercial futures trading positions for Gold (NYSEARCA: GLD). For the week Gold closed higher by +0.5%, consolidating recent gains.
Here’s a look...
Is All That Glitters Gold?
The following article is a part of my Gone Fishing Newsletter that I provide to fishing club members each week to identify macro inflection points and...
Financial Markets Outlook: Turmoil Continues, Gold Glitters
Equities markets on Planet Earth got crushed this week, averaging about -4.0% even after Fridays bounce.
That bounce not very convincing as volume was very...
Gold Prices Break Out But Overhead Resistance Looms
The chart below looks at non-commercial futures trading positions for Gold (NYSEARCA: GLD). For the week Gold closed higher by +1.4%, breaking out above key...
