The technical edge - Gold is making a turn, the counter trend

Gold is in a downtrend. If you look at the chart you will see the double top with multiple red divergence paints showing before it rolled over. Now it’s flashing divergence in the trend and set…


I still think gold goes higher here back to test it’s 50 day mark around 1378

We don’t have many friends in the Mideast. If Egypt is the strongest ally we have in the Arab world, it’s hard to believe that we can’t improve our position here. It’s either Woodstock or……


Buy these two gold miners for a quick trade NEM ABX

The Fed decision today to leave rates unchanged should provide some near term impetus for gold to trade higher. These two prominent gold miners, NEM and ABX seem technically poised for a bounce.