GLD, SLV, GDX & SIL Analysis, Buy Points & Price Targets (video)

A review of the chart of GLD, SLV, SIL & GDX as they all approach key support levels with bullish developments on the chart that indicate a bottom may be close at hand. My preferred strategy of scaling into exposure in the gold & silver mining sector, along with the buy ranges, stop levels & some potential price targets are covered. Please log in to view this video as it is currently reversed for RSOTC subscribers. [...]

Nov 23, 2016 11:15am|Categories: Gold & Commodities|Tags: , , , , , , , , , , |3 Comments

Gold & Silver Mining Sector Analysis (video)

This video starts with a brief overview of the charts of gold & silver (via GLD & SLV) followed by a discussion focused primarily on the near-term outlook for the gold & silver mining sector via the charts of GDX & a few of the leading gold & silver mining companies in the following order; ABX, NEM, GG, AEM & SLW, wrapping up with some final comments & technical levels to watch for on GDX.

Oct 19, 2016 1:35pm|Categories: Gold & Commodities, Unofficial Short Ideas|Tags: , , , , , , , , , |Comments Off on Gold & Silver Mining Sector Analysis (video)

GDX Gold Mining Stocks Approaching Key L/T Resistance

I've received several inquires for updates on GDX & the gold mining sector recently, including a request for an update on GDX & SLW from member @consultlee in the trading room today. My thoughts on each are below (weekly charts) but I also wanted to pass along the fact that my commentary and analysis for a particular index, sector, stock, commodity, etc.. will ebb & flow depending on whether or not I see anything compelling in the charts. The gold mining sector is one of those sectors where I just don't see anything compelling in the charts right now, [...]

Jul 13, 2016 1:21pm|Categories: Gold & Commodities|Tags: , , |Comments Off on GDX Gold Mining Stocks Approaching Key L/T Resistance

Precious Metals, Miners & US Dollar Outlook (video)

This video begins with a discussion on the both the near & long-term outlook for the US Dollar, where the case is made for a near-term bounce followed by a longer-term decline in the Greenback (which would be near-term bearish & longer-term bullish for precious metals & the miners), followed by an overview of GLD, GDX, $HUI, several of the top components in GDX & wraps up with an overview of the recent developments & outlook for SLV (silver ETF).

Long Trade Ideas Updated

The following Long Trade Ideas have either exceeded their lowest suggested stop level or no longer look compelling from an R/R perspective. These trades will be moved to the Completed Trades category where all associated posts will be archived indefinitely for future reference. JO: Exceeded the lowest suggested stop of 20.00 on the Aug 24th meltdown. note: JO (coffee ETF) still appears to be setting up for a rally and/or potential bottom. As such, JO may be added back as a new Long Trade idea and possibly a Long-Term Trade idea soon. GDX: GDX (or a NUGT long/DUST short alternative) was [...]

Sep 1, 2015 5:33pm|Categories: Completed Trades - Long|Tags: , , , , , , |Comments Off on Long Trade Ideas Updated

Gold, Silver & Mining Sector At Key Technical Levels (video)

Gold, silver & the mining stocks are at or near key resistance levels. Should both the metals & the miners make a solid & sustained break above resistance, that would bode very well for the longer-term outlook for the precious metals & mining sector. However, with the miners & metals at or near major resistance, the chances of a near-term pullback are elevated at this time. This video start with a quick overview of GLD (gold ETF), SLV (silver ETF) and GDX (gold miners ETF), followed by a look at the charts of the top components of GDX including several trading [...]

Aug 19, 2015 12:34pm|Categories: Gold & Commodities|Tags: , , , , , , , , , , , , , , , , , |Comments Off on Gold, Silver & Mining Sector At Key Technical Levels (video)

Gold Mining Sector Overview (video)

This video covers GDX (gold miners etf) and some of the largest components of GDX that look to be at or near key long-term support levels with potentially bullish technical developments. As such, although gold & the mining stocks are still in a confirmed downtrend, the stocks covered in the video look to offer objective entries for longer-term traders & investors. With the mining sector yet to show any technical evidence of a bottom, these stocks are not yet official trade ideas at this time. Static charts on some or all of these trade ideas will follow soon and should we [...]

Jul 24, 2015 12:45pm|Categories: Gold & Commodities|Tags: , , , , , , , , |Comments Off on Gold Mining Sector Overview (video)