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 […]
Chart of the Day – Tuesday, July 7th, 2020
Our "keep it simple stupid" approach towards Precious Metals continues to work. If it ain't broke don't fix it. Now the only question is does Silver break 18.90-19.00 this week and supercharge the rally?https://t.co/uLzt0EnFVm pic.twitter.com/rTEC7GC966 — Tom Bruni, CMT (@BruniCharting) July 7, 2020 Today’s Chart of the Day was shared on Twitter by Tom Bruni […]
Chart of the Day – Wednesday, June 24th, 2020
It’s about to get aggressive for gold, in terms of immediate and exciting upside. There’s little to no resistance above. The word that keeps coming to mind, is: truculent. We remain confident buyers of Gold. $GLD $GDX pic.twitter.com/3tGRWpNp7M — Carter Braxton Worth (@CarterBWorth) June 24, 2020 Today’s Chart of the Day was shared on Twitter […]
Chart of the Day – Thursday, June 18th, 2020
Silver miners ETF ($SIL) is carving out a nice bull flag. https://t.co/K4q3o2ynzA pic.twitter.com/wBLi1Gzcbm — Koyfin (@KoyfinCharts) June 18, 2020 Today’s Chart of the Day was shared on Twitter by Koyfin (@KoyfinCharts). It’s a daily candlestick chart of the Silver Miners ETF ($SIL) over the past year. About a month ago, $SIL broke a key resistance level […]
Chart of the Day – Tuesday, June 16th, 2020
Today’s Chart of the Day was shared in a research note from Frank Cappelleri of Instinet (@FrankCappelleri). It’s a daily bar chart of Gold futures over the past eight months. In the note, Frank explains that Gold has been consolidating above its Feb/March highs of $1,700 per ounce for about two months now. He calls this […]
