The good news is that the 13 week cycle appears to have entered an up phase. And it did so before materially breaking the previous low. The bad news is that 9-12 month cycle indicators are showing no signs of strength early in this up phase. Here’s what it means, and a suggested trade.
Gold and Mining Stocks Trader
Weekly 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 swing trade stock picks. Click here to subscribe. Now published at Lee Adler’s Liquidity Trader.
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Gold and Mining Stocks Trader
Gold’s Troubling Signs Keep Piling Up
by Lee Adler • • 0 Comments
Last week’s signs of a potential early 13 week cycle low have dissipated. There’s a new price projection for the cycle low. It has implications for the longer term.
Gold and Mining Stocks Trader
5 Mining Picks Ready To Swing as Gold Holds
by Lee Adler • • 0 Comments
Support was attacked and held in both the metal and the miners. Here are 5 mining picks that look ready for a swing.
Gold and Mining Stocks Trader
Not Mining Gold Good News
by Lee Adler • • 0 Comments
Unfortunately, the technical picture has turned darker in the short run. The wallstreetbets crowd bullish raid on silver hasn’t meant much for the mining sector either.
Gold and Mining Stocks Trader
One New Mining Pick While Gold Marks Time
by Lee Adler • • 0 Comments
I’ve added one new mining pick to swing while we all wait for gold to start moving again.
Gold and Mining Stocks Trader
Gold Isn’t Dead… Yet
by Lee Adler • • 0 Comments
Recent weakness has negated the upside implications of the reverse head and shoulders pattern that formed between October and January. The up phase in the 9-12 month cycle now looks like it will remain flat. Here’s what needs to happen to keep things on the up and up. And a gold miner pick to swing.
Gold and Mining Stocks Trader
Gold Lays a Turd
by Lee Adler • • 0 Comments
A major swing cycle is in trouble.
Gold and Mining Stocks Trader
Gold’s Key Cycles Turn Higher
by Lee Adler • • 0 Comments
The cycle low is confirmed and we have new upside projections.
Gold and Mining Stocks Trader
Gold Gets Ready To Make Its Move
by Lee Adler • • 0 Comments
phase to play well.
Gold and Mining Stocks Trader
Gold Mining Picks Are Swinging
by Lee Adler • • 0 Comments
As gold works on completing an important intermediate low our last round of mining picks are swinging higher. I have added stops to the newer picks and adjusted stops on existing picks to protect profits but give them room to run.