There is a lot of talk about "sell in May and go away" every year when spring begins to fade into summer. This year is... Continued
Bearish Reversal in the Gold Miners
The gold miners as represented by GDX printed a bearish reversal candlestick today after making a new 20-month high earlier in the trading session: ... Continued
The Calm Before The Storm
After a period of relative calm precious metals and markets as a whole are entering a potentially intriguing phase. Here's what I mean: After... Continued
The Rally Isn’t Over For the Best Performing Sector of 2016
The gold miners (GDX) have been on a mission - in the last 5 trading sessions the GDX has gained nearly 17%! The target from... Continued
The Gold Miners Might Be Ready For Their Next Leg Higher
The gold miners (GDX) have been essentially range-bound within a ~10% trading range for the last six weeks, however, that might be about to change:... Continued
The Gold Correction Begins
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
Gold Sentiment At 3 1/2 Year High As Gold Miners Get Clobbered
We have not kept it a secret in recent days that we have turned short term bearish on gold and gold miners. Today the gold miners... Continued
The Gold Miners Have Run Into A Steel Wall of Resistance
The gold miners have bumped their head up against resistance for 3 consecutive trading sessions and today's large bearish engulfing candlestick may signal that a... Continued
Gold Miners On The Brink Of 70% Gain In Less Than Two Months
The gold miners as represented by GDX are on the verge of achieving a 70% gain since the all-time low at $12.40 which was printed... Continued
Bearish Factors Outweigh Golden Cross in Gold Miners
While GDX is on the verge of experiencing a 'golden cross' (50-day SMA crossing above 200-day SMA) today's large bodied bearish engulfing candlestick combined with... Continued