Category: Gold and Silver Stocks 2018
The analysis published under this category are as follows.
Friday, January 19, 2018
Gold Stocks GDX $25 Breakout on Earnings / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The world’s leading gold-stock ETF is nearing a major upside breakout from key technical levels. GDX is getting closer to challenging and powering above $25. That would accelerate the sentiment shift in this deeply-undervalued sector back to bullish, enticing investors to return. Good operating results from the major gold miners in their upcoming Q4’17 earnings season could prove the catalyst to fuel this GDX $25 breakout.
The classic way to measure gold-stock-sector price action is with the HUI NYSE Arca Gold BUGS Index. But the HUI benchmark is being increasingly usurped by the GDX VanEck Vectors Gold Miners ETF as the gold-stock metric of choice. GDX is used far more often than the HUI in gold-stock analyses these days, both online and on financial television. I haven’t seen the HUI mentioned on CNBC for years now.
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Friday, January 19, 2018
It’s Time To Build The Gold GDX Launching Pad / Commodities / Gold and Silver Stocks 2018
By: Avi_Gilburt
In 2017, the word “disappointment” took on a new spelling – “G-D-X.” After several failed break-out attempts in 2017, there is no question that it provided us a year of frustration.
As of Friday, the metals have now give us another indication that a break out attempt may be setting up yet again. And, just like the others we tracked last year, I am unable to tell you definitively whether the market will trigger that set up. However, after making higher highs off the December support on Friday, the metals have almost completed a 5-wave structure off those lows. That is the initial bullish indication for which we have been waiting in 2018.
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Thursday, January 18, 2018
More U.S. States Are Knocking Down Gold & Silver Barriers / Commodities / Gold and Silver Stocks 2018
By: MoneyMetals
Here’s What Arizona, Texas, North Carolina, Virginia, Idaho, Etc. Are Doing...
In 2017, Arizona, Louisiana, Virginia, Texas, and North Carolina, and even Minnesota made progress on the sound money front. In 2018, other states could do so as well.
36 states have already removed sales taxes from precious metals transactions, and bills being pushed this year by sound money advocates in Alabama and Tennessee could add to that list.
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Wednesday, January 17, 2018
Gold Stocks GDXJ Breaking Out / Commodities / Gold and Silver Stocks 2018
By: Rambus_Chartology
Today the GDXJ is breaking out above its neckline. Again I was looking for a little more chopping action between the neckline and the neckline symmetry line before the breakout, but so far it’s not happening. I’m going to take my second position and buy 150 shares at the market at 35.34 with the sell/stop at 33.31 for now. A backtest to the neckline would come in around the 35.10 for a slightly lower risk entry point.
Tuesday, January 16, 2018
One Big, Potential Catalyst for Gold in 2018 / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The greatest traders say the move comes first and then the reason later. When it comes to Gold we are always analyzing the reason behind the moves so we can distinguish between reactions and reflex moves and those moves that are part of a real bull market. The market may be starting to sniff out a potential big catalyst for Gold that could drive its breakout in 2018.
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Saturday, January 13, 2018
Gold GLD ETF Update.. Bear Market Reversal Watch / Commodities / Gold and Silver Stocks 2018
By: Rambus_Chartology
Just a quick update on GLD which is showing the price action approaching the top rail of its triangle trading range which should be around the 127.50 area. Many times during the formation of a 5 point triangle reversal pattern the price action will fail to make it all the way down to the 5th reversal point which suggests the bulls are eager to get positioned. A touch of the top rail will complete the 5th reversal point technically putting the triangle into the reversal category to the upside.
What we have to do now is to see how the price action interact with the top rail. Most likely we should see a reaction backdown initially that could be very shallow if it’s time for the triangle to complete. If the bulls are really fired up we could see a gap above the top rail which would be very bullish.
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Friday, January 12, 2018
Optimum Entry Point for Gold and Silver Stocks / Commodities / Gold and Silver Stocks 2018
By: The_Gold_Report
Technical analyst Clive Maund discusses why he believes a massive new sector bull market is about to begin in gold and silver.
When you are following the markets closely day after day it can be easy to lose sight of the big picture. So with the "everything bubble" getting closer to bursting, leading to universal mess and mayhem, there could not be a better time to look at the long-term picture for gold and silver, in order to see whether they are going to salute and go down with the ship, as they did in 2008, or constitute a lifeboat and a profitable means of escape for more fortunate investors.
I am therefore pleased to be able to report that it will almost certainly be the latter, for reasons that we will now elucidate on the respective long-term charts for gold, then silver.
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Saturday, January 06, 2018
Gold Stocks Upside Huge 2018 / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The gold miners’ stocks have huge upside potential in 2018, likely the best among stock-market sectors. They really lagged gold last year, so a major mean-reversion catch-up rally is coming. The gold miners are universally ignored and deeply undervalued relative to the metal which drives their profits. And gold itself is likely to power dramatically higher this year as euphoric record-high stock markets inevitably start to falter.
Gold has always been the leading contrarian investment, tending to move counter to stock markets. So not surprisingly investment demand stalled last year as the extreme taxphoria-fueled stock surge blasted relentlessly higher. When stock markets apparently do nothing but rally indefinitely, investors feel no need to prudently diversify their portfolios with the anti-stock trade gold. So they ignored the yellow metal in 2017.
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Thursday, January 04, 2018
“Strength” in the Gold Miners? / Commodities / Gold and Silver Stocks 2018
By: P_Radomski_CFA
Gold moved visibly higher during the first session of the year and this time mining stocks accompanied it. In fact, it seems that they are back on the track after a short pause. What’s the likely reason behind this year’s rally and what does it imply going forward?
Let’s jump right into the mining stock charts (chart courtesy of http://stockcharts.com).
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Wednesday, January 03, 2018
Gold Price Best Year Since 2010, Up 14%, 2018: Year of the Phoenix? / Commodities / Gold and Silver Stocks 2018
By: GoldCore
Gold Bullion Prices Have Best Year Since 2010 With Near 14% Gain In 2017
– Gold posted second straight annual gain in USD in 2017
– Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR
– 2017 is gold’s best year since 29.5% gain in 2010
– Strong performance despite rate hikes and stock bubble
– India’s gold imports surged 67% in 2017, Turkish, Chinese demand strong
– Gold finished 2017 with longest rally since June 2016
– 2018: Currency War and The Year of the Phoenix?
Wednesday, January 03, 2018
Five Reasons Gold Stocks Will Breakout in 2018 / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
There are very few sellers left
There were very few sellers left in January 2016 when the devastating “forever bear” was about to end. Six months later and a 150% rebound in the large caps and 200% rise in the juniors (GDXJ) provided sellers an opportunity. They drove the miners and juniors down by 40% to 45% in less than five months. However, both GDX and GDXJ have been able to hold above that low multiple times. GDX has held $21 four times! GDXJ has held $29.50 twice in solid fashion.
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Wednesday, January 03, 2018
Precious Metals Sector is on Major Buy Signal 2018 / Commodities / Gold and Silver Stocks 2018
By: The_Gold_Report
Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting buy signals for both gold and silver at the close of 2017.
Our proprietary cycle indicator is up.
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Wednesday, January 03, 2018
Gold Market Themes for 2018 / Commodities / Gold and Silver Stocks 2018
By: Arkadiusz_Sieron
2018 has just begun. What will a new year bring for the gold market?
Macroeconomic Outlook Will Remain Unpleasant
The current economic expansion is surprisingly durable, as it has already lasted more than 100 months. It worries many investors who are afraid of the upcoming recessions. Surely, there are many reasons to worry, and the recession will eventually come. But we are not at this point yet. The current expansion is unusually long, but it is exceptionally sluggish.
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Monday, January 01, 2018
Longer Cycles for Gold and the US Dollar / Commodities / Gold and Silver Stocks 2018
By: SurfCity
By now you know that my swing trading approach is to focus on the 5-6 Month Intermediate Cycle Low (ICL) to establish positions. It seem’s that everything that I track has the 5-6 month low to low cycle. Sometimes the ICLs come sooner at 4 months or later at 7+ months but the average is 5-6 months.
Everything also has a Yearly Cycle Low (YCL) which is nothing more than two 5-6 mont ICLs. Cycles longer than one year, however, vary by asset. The USD and Bonds have a 3 Year Cycle low to low and Stocks have a 7 Year Cycle low to low. Gold’s longer Cycles include a 4 Year Cycle and an 8 Year Cycle, which is simply two 4 Year Cycles back to back. Remember that longer cycles typically dominate shorter ones, meaning that if the longer cycle is in a bullish phase, most of its 5-6 month Intermediate Cycles will be right translated in terms of Time while making a higher high and a higher low (i.e. stair stepping up so to speak).
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Monday, January 01, 2018
Gold Achieves $1375 Target 20167, $1500 Expected for 2018 / Commodities / Gold and Silver Stocks 2018
By: Nadeem_Walayat
Bullish commodity traders and investors in the likes of oil and gold also saw strong positive returns for the year as Oil ended at its high for the year of $60 and Gold at $1310 both inline with my bullish expectations for these commodities for 2017.
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Wednesday, December 27, 2017
Gold Miners Are At Another Inflection Point / Commodities / Gold and Silver Stocks 2018
By: Avi_Gilburt
For those that follow me regularly, you will know that I have been tracking a set up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals market. I believe that the GDX can outperform the general equity market once we confirm a long term break out has begun, and I think we can see it in 2018.
Recent price action
In early December, we identified a specific 20.89-21.26 support region, which, if held, could begin that major 3rd wave break out and rally we have been awaiting. But, since it would mean that this 2nd wave would have completed in an unorthodox manner, I noted that I would need to see confirmation that the market has truly bottomed.
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Tuesday, November 21, 2017
What History Says for Gold Stocks in 2018-2019 / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
It has been a while since we’ve applied historical analysis to the precious metals sector. It is something we really enjoy as history can help define and contextualize current trends and help us spot opportunities. Back in March of this year we noted that the gold stocks could be following the path of recovery of housing stocks since their 2009 bottom. Recently, James Flanagan of Gann Global Financial has produced some excellent videos discussing some historical comparisons that are quite relevant to the gold stocks at present. We saw his videos, remembered our housing analog and wanted to take it a step further. What was the path of recovery of markets following mega bear markets?
We define a mega bear market as at least an 80% decline that lasted roughly three to four years. The image below highlights the data we’ve compiled. Some of the bears are only two years long but they follow the general recovery path. That consists of a very strong initial rebound that lasts six to twelve months which is followed by a correction and consolidation which usually lasts 18 months to two years. Then, the market begins its next impulsive advance.
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