Today’s Chart of the Day was shared in a client note by John Roque of 22V Research (@daChartLife). Gold is firmly above $2,000/oz. for the first time in more than a year, and it’s just 2.5% away from breaking out to all-time highs. It booked its fifth highest daily close on record today, after closing at an all-time high on a monthly, […]
Chart of the Day – Thursday, April 8th, 2021
Gold. • Second largest ETF capitulation in history – priors led to some massive rallies• Weekly Hammers in Gold/Silver last week – moving higher this week• Key Gold Miners leading higher A potential significant contrarian Buy opportunity setting up for Q2 – watch closely. pic.twitter.com/Xb3BYZ3JgK — Macro Charts (@MacroCharts) April 8, 2021 Today’s Chart of […]
Chart of the Day – Monday, September 14th, 2020
Gold and Silver (and the miners) sure do look ready go to… Will this week be the start of their next leg higher? Let me know what you think pic.twitter.com/0d5aqxciZp — Tom Bruni, CMT (@BruniCharting) September 14, 2020 Today’s Chart of the Day was shared by Tom Bruni (@BruniCharting). Tom shows the daily candlestick charts […]
Chart of the Day – Wednesday, September 11th, 2020
$GLD vs. $SPX Holding up well and consolidating above support here. Something to keep an eye on in the coming weeks. pic.twitter.com/wZPLZiGyTw — Ian McMillan, CMT (@the_chart_life) September 11, 2020 Today’s Chart of the Day was shared on Twitter by Ian McMillan (@the_chart_life). It’s a ratio chart of Gold vs. the S&P 500 over the […]
Chart of the Day – Thursday, July 9th, 2020
Today’s Chart of the Day was shared in a note from the team at All Star Charts (@allstarcharts). Gold has been in the spotlight lately as it flirts with all-time highs. Why do we care about all-time highs? It’s simple. When price is at an all-time high there’s little to no overhead supply to act as […]