Category: Gold
428 Posts
POSTED ON May 01, 2015 BY CEO Technician

Via Energy and Gold.com: It now seems like eons ago but at the end of last year I published a post titled “6 Big Surprises for 2015″ in which I laid out a series of seemingly unlikely market events which I felt were much likelier to occur than the consensus believed. While it’s definitely too early to judge the… Continue Reading

POSTED ON April 28, 2015 BY CEO Technician

Via Energy and Gold.com: GDX is up nearly 6% this week. Is this rally for real? From all indications the answer is a resounding YES! Here’s why: The chart pattern breakout from the multi-week ascending triangle is the real deal and targets a move to at least $22    The bottoming process which began in… Continue Reading

POSTED ON April 25, 2015 BY CEO Technician

Via Energy and Gold.com: Gold marginally broke below support on Friday, breaking down from a small H&S top pattern: The breakdown from this pattern targets a test of the March lows ($1140-$1150). However, the “break” was not as clear or as powerful as we would usually like to see when chart patterns resolve. $1180 has… Continue Reading

POSTED ON April 20, 2015 BY CEO Technician

Via Energy and Gold.com: I came across two powerful China charts from J.P.Morgan this weekend:   During the last decade the correlation between Chinese monetary conditions/nominal GDP growth and commodities is almost uncanny; the CRB bottomed at the exact month that China monetary conditions bottomed in early 2009 and began rolling over again in 2011 just… Continue Reading

POSTED ON April 18, 2015 BY CEO Technician

Via Energy and Gold.com: Weekend Commodity Chart Wrap 4/18/2015…   Gold with realized volatility (top) and implied volatility (bottom) Both realized and implied gold volatility have been in decline since the beginning of the year. The GVZ (CBOE Gold Volatility Index) is currently pricing in barely more than a 4% move over the next 30… Continue Reading

POSTED ON April 16, 2015 BY CEO Technician

Via Energy and Gold.com: GDX is on the brink of one of most anticipated “breakouts” we’ve seen in quite a while:   There is a lot going on in the above chart and the situation is by no means clear. Here is some of what i’m looking at: The much talked about $20 support/resistance level… Continue Reading

POSTED ON April 11, 2015 BY CEO Technician

Via Energy and Gold.com: While the casual market observer might look at Friday’s 1.18% rally in gold, closing modestly back above the $1200/oz level, as nothing to write home about. Friday’s session offers some subtle bullish signs that should not go ignored:   Many technicians will be quick to point out that a move back… Continue Reading

POSTED ON April 08, 2015 BY CEO Technician

Via Energy and Gold.com: After suffering through what have arguably been the most challenging few years in the company’s history, Barrick (ABX) investors may finally be ready to profit from a sustainable turnaround in the company’s fortunes. ABX has right sized its cost structure and begun to focus on its largest and most profitable mines… Continue Reading

POSTED ON April 07, 2015 BY CEO Technician

Via Energy and Gold.com: There has been a lot of talk in recent weeks about when the Fed will begin to raise interest rates. We have remained of the opinion that while the Fed may initiate a one-off symbolic rate hike at some point in the next year, a rate hiking cycle is still at… Continue Reading

POSTED ON April 06, 2015 BY CEO Technician

Via Energy and Gold.com: Gold managed to close above its 50-day simple moving average for the first time since February, however, the shooting star candlestick outside the upper Bollinger Band should serve to give bulls some pause: The rally stopped just short of the 50% retracement level of the entire January-March decline. $1200-$1205 now becomes… Continue Reading

Real-time insights and chat with top CEOs and investors: CHAT.CEO.CA
Latest
Popular
For Junior Mining Profits: Resource Opportunities ($30/month)
×