People often ask me what do I look at first when I initially study a stock chart. The answer, in this specific order is, trend,... Continued
A December To Remember For The Goldies?
The gold miners as represented by GDX have tested the ~$13 support level more than a half dozen times since July and thus far this... Continued
Buying Opportunity In Gold Could Arise Before New Year’s
Gold is well on its way down to an important area of potential support around $1,000/oz; there is a great deal of confluence and price... Continued
Gold: Stunning Divergence Between Sentiment and Price
An interesting dynamic has taken shape in gold in recent weeks. As price has continued to oscillate in a roughly $30 range between $1075 and... Continued
The Golden Rectangle
For the last two months gold has been ping-ponging between support around $1180 and resistance near $1225: To be sure, the $1180 level has... Continued
Midway Gold: How Technical Analysis Can Help Us Avoid Blowups
One of the things I noticed early on in investing in junior mining equities is that they follow technical patterns fairly well. In other words,... Continued
Manic Monday Awaits
With the release of the March non-farm payrolls report it has become plainly evident that the US economy has not reached 'escape velocity' regardless of... Continued
Gold Takes the Elevator Down
Since gold topped out near $1307 in late-January the yellow metal has followed a standard script in its descent; violent $10-$20 down moves that occur... Continued
Gold Miners at Last Line of Defense
What began as a garden variety pullback after a white hot ~25% rally in the first 3 weeks of the year has turned into a... Continued
Gold Finds Support – Crucial Weekly Close Looms
Gold briefly breached the key psychological $1200 level before finding support at a likely spot: The 61.8% retracement of the entire November-January rally happens to... Continued