The gold miners took a beating today as gold tumbled nearly $30/ounce. The GDX has been bumping its head up against resistance ($21) for a... Continued
Goldies Stage Important Reversal – What’s Next?
GDX passed an important test of support today. The goldies were looking absolutely dreadful this morning but buyers showed up near a crucial area of... Continued
It Might Be Time To Get Back Into Energy
We have been cautious and calling for a pullback in energy stocks for a couple of weeks. Like clockwork, a 3-5% correction in the majority of... Continued
3 Reasons for the Euro Strength and What’s Next
The EUR/USD currency pair is fast approaching a key technical crossroads : The ~1.15 level represents support/resistance from January/February and also roughly equates to... 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