Precious Metals Pro

Daily update of precious metals stocks and ETFs and the price of gold itself, featuring Lee Adler’s proprietary cycle analysis and cycle screens of junior gold stocks, and a couple of majors and ETFs, with market trend opinions and occasional chart picks. Click here to subscribe. Subscribers, click the post headline to access reports.

Gold Holds As Hope Springs Eternal

Gold stopped falling yesterday and some of the miners held at trend support or just above. That support is downtrending though. Hope that the worst is over isn’t a trading strategy that ends up with consistent gains, and constant nibbling at bottoms can result in deep drawdowns before a payday. There are certain benchmark price…

Gold Sets Up Crucial Consolidation

All projections up to 13 weeks have been hit, but it’s early in the 13 week cycle up phase. The shorter cycles may result in a consolidation through down phases for a week or so, and then try again, when the 13 week cycle could project higher. Here’s what needs to happen, and what could…