Tag Archives: $GDX

Gold miners reluctance to correct, or correct meaningfully, signals systemic issues (hardly inflation)

gdx-gld 05feb14

gdxd 05feb14

gdxw 05feb14

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Second derivative turn in GLD indicators, confirmed by divergent trading between SLV and GLD, suggest rally risk in gold rally and possible lower lows, prior to a better upturn

gldw 28jan14

gldw 28jan14

gldm 28jan14

gld-slv 28jan14

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As indicated, gold following the miners to its own developing breakout; time to consider why.

gldd 23JAN14

gldw 23jan14

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Gold miners’ intra-day reversal today produces relative strength break above 16-month resistance, extends GDX rally potential

gdx-gldd 21jan14

gdx-gldw 21jan14

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Barring a reversal today, the GDX has broken out further on a trading basis

Barring a reversal today, the GDX has broken out further on a trading basis and confirmed further its primary trend upturn, both with sentiment still sharply negative

 

gdxw 17jan14

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Note to gold and gold mining bears

If I were among the still 90% gold and gold mining bears, the following three charts would give me cause for concern

gdxd 13jan14

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Resumed trading upturn in the gold miners appears to have also confirmed their primary trend upturn

gdx 10jan14

gdx 10jan14

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GDX pulling back from trend line resistance, primary trend and sentiment remain positively divergent

gdxd 08jan14

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Technical improvement in the GDX just these past two days more striking than even the gold miners gains, warrants close monitoring

gdxd 02jan14 2

gdxw 02jan14 3

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Likely TIPs’ reversal vs. Treasuries suggests Miners’ upturn and Metal’s prospective turn reflect something other than inflation

tip 02jan14

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Divergent GDX/GLD already poised to break out; primary trend shows improvement, as well

gdx 02jan14

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A gold (miners) trade indicated, just not yet THE gold (miners) trade

gdxd 31dec13

gdx_gldd 31dec13

gdx-gldw 31dec13

goldm 31dec13

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Tracking the gold and miners call: GDX/GLD

Tracking the gold and miners call: GDX/GLD leading the anticipated rally, which the weekly suggests will last, but the monthly argues still only counter-trend

gdxd 22oct13

gdxw 22oct13

gldm 22oct13

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Gold miners could rally sharply even before they test resistance

Gold miners could rally sharply even before they test resistance; primary trend indications for such tests improving

abxd 17oct13

abxw 17oct13

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Lead indicating evidence of a material upturn in gold approaching asymmetric; expect an inflation-intending trigger

gldm 16oct13

xaum 16oct13

xauw 16oct13

xau-gldd 16oct13

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Gold

Down $40 today and playing out the anticipated downturn scenario, gold nevertheless should soon be positioned for a material upturn. Why?

gdx-gldd 01oct13

gdx-gldw 01oct13

glddaily 01oct13

gldweekly 01oct13

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No sustained gold upturn until the Miners vs. Metal indicator leads the turn

gdx-gld 27sep13

gdx-gldw 27sep13

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Acknowledging weakness previously denied, the Fed panicked back to risk-on tactics, hastening the GDX/GLD

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Lead indicating GDX/GLD again leads gold price reversal; no bottom yet suggested

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