Category: Updates


Tue, 8 Jan 2019

  Interim tops remain possible in metals and miners. Gold and silver are yet to form swing highs, so we remain in the proving phrase. Miners need to close progressively beneath their 200-day MA’s to support a top and interim pullback.   -GDXJ- Juniors are trading lower, but they need to close progressively below the […]

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Sun, 6 Jan 2019

  Gold finished on Friday with a bearish engulfing candle. I think prices topped and we should see a pullback. The severity and duration of the next correction will tell us if we should be positioned for higher or lower prices in Q1. At 20-weeks the intermediate cycle is quite mature, at some point, gold […]

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Fri, 4 Jan 2019

  Before I leave, I wanted to go over a double bottom formation. It’s possible we have one in junior miners. Prices will either fail and decline or prices could breakout. Included are of examples of good breakouts. Note: Above average volume and tall candles should accompany the breakout.   -XAU (JUNIOR MINING INDEX)- To […]

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