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 [...]
Technical analysis on my favorite trade ideas within the gold mining sector covering the outlook for a total of 13 individual gold & silver mining stocks. The following stocks are covered in this order: SBGL, CDE, TAHO, SSRM, AG, MUX, BVN, EGO, FNV, RGLD, KGC, GFi & IAG. Video playback [...]
the MUX short trade entered the third and final target zone (T3) yesterday and came within pennies of the bottom of that target zone today so consider this trade completed. MUX (formerly symbol UXG when i first posted the trade back on january 24th) resulted in a 42% gain from [...]
For optimal viewing, choose the "Watch on YouTube" option, then choose the HD quality and Large player settings the bottom right of the video window. MAY 30th UPDATE: PLEASE NOTE THAT SEVERAL OF THE TRADES ASSOCIATED WITH THIS VIDEO HAVE ALREADY BEEN COMPLETED AND ARE NOT LONGER ACTIVE TRADES. THEREFORE, [...]
MUX hit T2 while i was out last week. considered lowering stops to protect profits and/or taking some/all profits as it is quite oversold in the short and intermediate time frames.
updated MUX 60 min chart. still short, stops set above recent highs.
i am still short MUX (changed symbol from UXG last week) and made some notes on the charts. i'm favoring a bounce in the $USD and a pullback in GLD beginning sometime this week and if that happens, this very overbought gold stock should have some correcting to do on [...]