Gold, GDX & US Dollar Technical Analysis (video)

Technical analysis of gold (GLD), the gold miners ETF (GDX) and the US Dollar/Euro pair to provide the near-term & intermediate-term outlook for gold & GDX. Key support levels & chart patterns are covered as well. playback speed can be increased in the settings to reduce the duration of the videoThis video is embedded within the post on for Silver & Gold level members. Those receiving this post via email can view the video on the site or by clicking this link.

Feb 27, 2018 11:44am|Categories: Gold & Commodities|Tags: , , , , , , |3 Comments

Stock Market & Commodity Analysis (video)

Technical analysis providing the near-term outlook for the US stock market, gold, platinum, silver, crude oil & the US Dollar. Playback speed can be increased in the settings to reduce the duration of the video

Gold, GDX & US Dollar Analysis

The momentum indicators continue to lag behind gold prices as GLD (gold ETF) pushes higher within this 60-minute bearish rising wedge pattern. GLD 60-min Jan 16th The recent breakout in EUR/USD has occurred with potential divergences forming on the PPO & RSI which increases the chances that this breakout might soon fail, sending the EUR/USD lower along with gold & other dollar sensitive commodities. Daily chart: EUR-USD daily Jan 16th As with gold & the EUR/USD, negative divergences are also building GDX (gold miners ETF) as it approaches resistance. EUR-USD daily Jan 16th Note: The [...]