Gold COT

Gold and gold stocks have been oversold for weeks. Gold has found support just above key support at $1155-$1160. Meanwhile, gold stocks held up well and did not make new lows even as Gold declined $60/oz. Targets and expectations are discussed. Click Here to Learn More About our Premium Service  

Nearly two months ago I published a video in which I discussed conventional CoT analysis and the mistake many investors might make assuming Gold and gold stocks would undergo a big correction. The fact is a bull market that follows a nasty bear usually stays very overbought throughout its first year and therefore sentiment indicators … Continue reading

Gold and gold stocks have refused to correct for more than a few days at a time. Weakness is being bought and quickly. Gold has gained over $200/oz but not corrected by more than 6%. The miners (GDX) have endured three roughly 10% corrections in the past six weeks but nothing greater. A few weeks … Continue reading

We discuss the knee jerk reactions to the CoT and how markets perform in new bull markets that follow epic bears.    

A look at Gold’s upside targets and major downside support. We also analyze Gold’s latest CoT and provide thoughts on the effect of Fed rate hikes on the US$ index.    

A look at Gold, Gold’s CoT report and gold miners (GDX) and juniors (GDXJ)….    

The precious metals sector has held recent lows and a rebound is underway. Gold held $1080/oz for three straight weeks and has pushed as high as $1126/oz this week. The gold miners (GDX and GDXJ) surged the first half of the week and Silver has also gained. We believe that this move is more likely … Continue reading

After falling for weeks, breaking to new lows and constantly being regarded as a useless asset…

Will metals test last week’s lows?…

Updated COT’s for Gold & Silver…