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Remember that renko charts lag - GDX may well shoot up tomorrow if the right catalyst is triggered.

VIX weekly chart bothers me

Posted by pwb8 on 4th of Nov 2019 at 02:39 pm

VIX weekly chart bothers me

I am also looking for an entry.  There is a gap now between 27.50 and 27.65, will look for that to backfill before getting aggressive.  GDX is tough to trade.  NFP is coming before the market open Friday.

I see a potential inverse

Posted by pwb8 on 18th of Oct 2019 at 10:02 am

I see a potential inverse H & S forming on GDX 30 chart

SVM 5 minute cup and

Posted by pwb8 on 1st of Oct 2019 at 01:26 pm

SVM 5 minute cup and handle looks close to triggering

Possible USD rising wedge -

Posted by pwb8 on 3rd of Sep 2019 at 09:30 pm

Possible USD rising wedge - only problem I see is a fair bit of white space in the wedge.  Any contrary views?

Oil stock with morning star

Posted by pwb8 on 28th of Aug 2019 at 01:49 pm

Oil stock with morning star pattern - trades on TSX

Well said.  This has been my concern for years with gov't debt.  Gold has no counterparty risk.

I am also having trouble

Stockcharts not updating?

Posted by pwb8 on 14th of Jun 2019 at 09:40 am

I am also having trouble with them.  Yesterday was also bad.  Not impressed.

Are we seeing a diamond

Posted by pwb8 on 6th of May 2019 at 03:09 pm

Are we seeing a diamond top?  I am not good at spotting these things so this could be wrong.

Interesting candle on Weekly chart

Posted by pwb8 on 26th of Apr 2019 at 02:18 pm

Interesting candle on Weekly chart of GDX

Preparing for GDX (temporary) reversal

Posted by pwb8 on 22nd of Apr 2019 at 03:00 pm

Preparing for GDX (temporary) reversal as divergences showing up on 1 hr timeframe and deeply oversold.

Not sure about GDX here

Posted by pwb8 on 9th of Apr 2019 at 03:24 pm

Not sure about GDX here  Bearish view is in blue

Gold seasonality chart March is highlighted unfortunately

Sold my gold stocks this

Posted by pwb8 on 8th of Apr 2019 at 03:49 pm

Sold my gold stocks this afternoon.  Gold has backtested an uptrend line and a downtrend line is coming up just above.  There is a shooting star candle on a 4 hour chart of XAUUSD.  Don't like the gap above and below on GDX.

Maybe I'm just a nervous nellie.  LOL

I caught that one the

MAG follow up

Posted by pwb8 on 4th of Apr 2019 at 02:54 pm

I caught that one the other day - thanks for the tip Matt!

Heads up gold bugs.  BPGDM

Posted by pwb8 on 20th of Mar 2019 at 11:17 am

Heads up gold bugs.  BPGDM just gave a sell signal.  FNV was the culprit with a revenue miss.

I don't like the look

Posted by pwb8 on 13th of Mar 2019 at 02:57 pm

I don't like the look of GLD here.  Perhaps a C wave down soon?

Newsletter/video - wow super format

Posted by pwb8 on 3rd of Mar 2019 at 07:11 pm

Newsletter/video - wow super format Matt.  Nice explanation of concepts that are harder to communicate in the standard format.  Thanks for the effort.  PW

That doji is something I noticed too on the weekly chart.  I didn't notice how price might be pinned between the 50 and 200 week ma though.

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