Gold

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Video: Bearish Reversal in Gold but Miners Showing Relative Strength

Gold formed a bearish reversal on its weekly chart right at a confluence of strong resistance at $1220/oz. If this reversal holds, then what happens to the gold stocks which have showed increasing relative strength? Click Here to Learn More About & Subscribe to Our Premium Service  

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Two Gold Ratios You Should Watch

As Gold and gold mining stocks approach strong resistance, we wonder if the outcome will be a sharp selloff or a period of bullish consolidation. While there are a handful of things we can examine (sentiment, momentum, relative strength, etc), today we will focus on Gold and its relative strength against two key markets. How … Continue reading

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Interview with Palisade Radio

I share my latest thoughts on Gold, gold stocks and uranium with Collin Kettell.  Click Here to Learn More About & Subscribe to Our Premium Service

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Rally in Gold & Gold Stocks Has More Upside

Gold and Gold stocks have rallied as expected and the consolidation in the miners in recent days looks bullish. GDX and GDXJ have digested the recent recovery quite well as Gold is testing resistance around $1200/oz. While the price action portends to more gains so does the breadth in the miners as well as short-term … Continue reading

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Gold Stocks Leading but Approaching Trump Resistance Levels

Although we expected a rally in the gold mining sector, we have been surprised by its strength and recent buying pressure. From the lowest ticks, Gold has rallied less than 6% but GDX has gained 25% and GDXJ has soared 36%. This rebound adds to the evidence that the gold stocks are leading the metal. … Continue reading

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Video: Gold Stocks Showing Positive Divergence

The monthly charts show a positive divergence for the gold stocks. The Gold stocks held above their 20-month moving average in recent months while Gold did not and remains below it. Gold stocks are also well above their spring 2016 lows when Gold was trading $30/oz higher. We see two scenarios going forward.  Click Here … Continue reading

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Video Update: Oversold Bounce Takes Hold

Gold and gold stocks begin their much anticipated oversold, post-tax loss bounce. We provide rally targets and discuss the implications for 2017.  Click Here to Learn More About & Subscribe to Our Premium Service  

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Surging US Dollar in 2017 a Catalyst for Gold Bottom

Gold has suffered recently in the wake of higher real interest rates while the US Dollar, thanks to higher yields has reached a 14-year high. Stronger real rates hurt Gold but so does a stronger US Dollar, which remains the dominant global currency. In addition to falling real interest rates Gold likely needs the US … Continue reading

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Video Update: Gold & Gold Stocks Rally Coming but When?

The precious metals sector, specifically Gold and gold stocks have been oversold for a while. They recently broke lower and have made a small bounce the past few days. They may have to drop further before a sustained rebound takes place. We also analyze the US$ and how its strength could eventually help Gold bottom.  … Continue reading

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