Category: Weekend Newsletters

WEEKEND NEWSLETTER 8/19/2017

Sat, 19 Aug 2017

  It’s been one fake-out after another in the precious metal sector. Investors have been awaiting a major breakout in gold once prices climbed above $1,300. Friday’s rally reached $1,306.90 and promptly reversed, potentially creating a bull trap. Likewise with miners. GDX gapped higher in the morning only to end below the previous days low. […]

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WEEKEND NEWSLETTER 8/5/2017

Sat, 5 Aug 2017

  Metals and Miners showed signs of topping after Friday’s employment report. Weekly dollar prices spiked down to the 200-week MA and reversed. If the dollar finally bottomed, we should see a 4-8 week recovery. Metals and Miners should soften as the dollar bounces. The dollar broke key technical support during the 7-Month decline. Consequently, […]

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WEEKEND NEWSLETTER 6/24/2017

Sat, 24 Jun 2017

  Metals and Miners are bouncing as the dollar finishes what appears to be a small inverse head and shoulder bottoming pattern. If our analysis is correct, the rebound in precious metals should end next week. A daily close above 97.50 in the US Dollar will establish a breakout. A breakout in the dollar should […]

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WEEKEND NEWSLETTER 6/17/2018

Sat, 17 Jun 2017

  Gold and Silver formed weekly swing highs, and prices should be working their way down into the 6-Month low. The bull market breakouts in 1986 and 2002 are similar to the current setup. If the correlation advances, we should see gold break above the long-term trendline later this year, confirming a bull market. Metals […]

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