This video provides technical analysis on the US Dollar & Euro, Gold (GLD), GDX as well as the outlook for some of the individual gold & silver mining stocks. Essentially, the near-term outlook for the precious metals & mining stocks remains unclear at this time as they continue to grind around in a multi-month sideways trading range. I made the video by from a request by [email protected] in the trading room although I also like to do periodic updates on the precious metals sector as one of the more popular swing trading & investing sectors. There aren't any new significant developments [...]
A brief overview of gold via GLD & /GC (gold futures) followed by detailed analysis, including price targets for my top picks within the components of GDX (gold miners ETF). This video starts out with brief analysis on gold & the gold mining sector via GLD, /GC & GDX followed by the outlook for the following gold & siver mining stocks (in this order): NEM, ABX, GOLD, KGC, AU, BTG, SBGL, EDV.TO (EDVMF), AGI, AUY, DGC.TO (DRGDF), PAAS, OGC.TO (OCANF), NGD, HL, TAHO, CDE, AG, SMF.TO (SEMFF), SSRM, TXG.TO, FVI.TO (FSM), SAND, GUY.TO (GUYFF), HMY & MUX. Playback speed can be [...]
Upon further review of the charts & based largely on the fact that HL (Hecla Mining Co.) is now trading at gap support while SIL (silver miners ETF is just above my second target zone, I am revising the final target on the HL short trade to current levels (5.14) and closing the trade here. As with GDX & SIL, HL has potential bullish divergences forming which, coupled with the near-term oversold conditions, start to increase the odds of a sudden snap-back rally & start to diminish the R/R for remaining short at this point. Close HL here provides us with [...]
A look at the near-term & intermediate-term outlook for GLD, GDX, SIL & various precious metal mining stocks, including updates on the GDX & HL active short trades. https://youtu.be/U3_jIYnyHv8
An overview of the US stock market from the long, intermediate & short-term charts as well as analysis of the gold, silver & precious metals mining sector. https://youtu.be/hEtWJohSTwU
I received some positive feedback regarding update the trade ideas in video format & will look to publish video updates on the trade ideas on a regular basis going forward. This video covers all of the recent active trade ideas, some of which have just recently exceeded their suggested stops. The video also starts out by covering an unofficial trade idea, CARA (Care Therapeutics Inc) that was posted in the trading room earlier today. I also discuss my own preference to temporarily suspend stops on most of my positions due to the increased likelihood of those stops being clipped over the [...]
An overview of GLD, GDX, SIL as well as HL & CDE, both of which are active trades at this time.