GDX and GLD Spike Trade Setup
Here are my charts of GDX and GLD during pre-market trading today (Thursday, March 31st). I sent this chart to my followers alerting them of today's market bias and intraday trade setup.
If you don't know what spike alerts are, let me explain…
Strong Headwinds Ahead for Gold!
I envision reasons to be ‘extremely’ cautious within the short-term (approximately, 5 to 15 days). Gold is now close to its’ resistance, which will make further ‘upside’ progress very difficult to achieve, at this point. It is now…
Believe it or not, it’s happening to gold
Tonight as I was going over my charts and running my end of analysis the charts jumped out at me with a trade setup and wanted to share my cycle chart for gold with you.
The price chart of gold below is exactly what my cycle analysis told…
A Top in Place for Oil & SPX?
Stock markets rebounded solidly from their lows of February 11th, 2016, making new multi-month highs, earlier last week. The SPX rescinded 0.7% by the end of last week. These market gains can be attributed to the very bullish decisions of the…
China: Soft Landing or Bust?
China’s stock market ‘bubble’ was fueled by "speculative mania" which has proven to have had grave implications of the global stock markets. The collapse of this "speculative mania" will have far-reaching ramifications on...
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