December 10, 2013, 7:04 AM
Gold rallied yesterday and silver moved above its previous high. The volume on which the GLD ETF moved higher was not that significant, though. How much does the above change as far as outlook for the precious metals sector is concerned? You can read about this key issue and about other ones (how much more can the Euro Index rally?) in today's Market Alert.
December 9, 2013, 6:35 AM
There was quite a bit back and forth movement in gold last week. We saw some breakdowns and some breakouts. However, the week is over and we now have a clearer picture of where gold is likely headed next, as we know where the closing prices are compared with key support and resistance levels. We put our insights into today's Market Alert.
December 6, 2013, 11:57 AM
December 6, 2013, 8:40 AM
Gold and silver moved lower after yesterday's show of strength, but the performance of miners was rather pathetic - the HUI Index moved below its Monday low even though gold didn't, and even though the USD Index actually declined. What's going on? Today's Market Alert provides the answer.
December 5, 2013, 7:03 AM
Gold and silver rallied with a vengeance yesterday, but mining stocks barely moved. While the outlook for miners is not favorable at this time and certainly yesterday's price action didn't improve it, you might be wondering if those interested in metals (gold, silver and platinum) should be waiting on the sidelines or is this the final time to get aboard as far as a directional trade is concerned. We provide our insights in today's Market Alert.
December 4, 2013, 7:10 AM
So much has changed this week that we’ve posted a Premium Update ahead of schedule!
Have a look at these most recent profitable trends:
- A series of breakdowns on the gold market (some are confirmed, others are not)
- Silver manages to decline below both, long-term and short-term support lines
- The HUI-to-gold ratio drops slightly below its 2013 low
- The dollar bounces off its horizontal support and approaches the level of 81
- No rally in precious metals in spite of the main stock indices’ decline
If you’re a trader, and profit on these trends
If you’re an investor, please note: As a result of this week's big price moves, we’ve made significant changes to our long-term investment recommendations.
and keep up-to-date
December 3, 2013, 3:14 AM
Precious metals and mining stocks declined heavily yesterday and the short positions that you had (hopefully) entered based on Friday's Premium Update are already profitable. The HUI Index closed below 200 and the move was significant enough to confirm the breakdown below the previous 2013 low even without 3 consecutive closes on trading days. The volume on the GDX ETF was also significant.
Has the final sharp downswing in the precious metals sector just started? What's next and how to adjust your portfolio for this volatile situation? You'll find details in today's Market Alert.
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