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 – Wednesday, September 11th, 2020
$GLD vs. $SPX Holding up well and consolidating above support here. Something to keep an eye on in the coming weeks. pic.twitter.com/wZPLZiGyTw — Ian McMillan, CMT (@the_chart_life) September 11, 2020 Today’s Chart of the Day was shared on Twitter by Ian McMillan (@the_chart_life). It’s a ratio chart of Gold vs. the S&P 500 over the […]
Chart of the Day – Tuesday, August 4th, 2020
Friendly reminder that overbought is a good thing… “regime change?”$GLD $IAU $GDX pic.twitter.com/FwMnU0lCx2 — J4 (@J4_doji) August 4, 2020 Today’s Chart of the Day was shared on Twitter by @J4_doji. It’s a weekly candlestick chart of Gold over the past two decades, along with a 14-period RSI indicator in the lower pane. Gold Bugs celebrated […]
Chart of the Day – Monday, July 27th, 2020
Gold vs it's 200 DMA. Looks like a clear top out at 25-30% pic.twitter.com/LasbjW0yeW — Ed Bradford (@Fullcarry) July 26, 2020 Today’s Chart of the Day was shared on Twitter by Ed Bradford (@Fullcarry). Well, it finally happened. Gold hit an all-time high today for the first time in nearly nine years. The yellow metal […]
Chart of the Day – Tuesday, July 21st, 2020
#Silver 4-year high, first time in a year. pic.twitter.com/c9jMgeOvS2 — Nautilus Research (@NautilusCap) July 21, 2020 Today’s Chart of the Day was shared on Twitter by Nautilus Research (@NautilusCap). It’s a chart of Silver over the past 53 years. Silver has been gaining a lot of attention lately, and rightfully so. Silver Futures surged more […]