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.

Promising Technical Signs for Gold

Initial upside projections have been hit and 1180-90 is a resistance area. However, there’s enough time left in the 13-17 week cycle up phases for these projections to move higher and for gold to clear this resistance level. That would result in higher targets and would have positive implications for the 9-12 month cycles. Recent…

Gold On Edge of Turn

The 13 week cycle projection of 1171 was reached. However, the 9-12 month and 6-7 week cycle projections now point to 1155-60. Here’s what needs to happen to signal a turn. The precious metals stock index also looks to be closer to a bottom. I have added a couple of bottom fishing stocks to our…