Thursday, May 31, 2007

Bullish on the sector again

I have no time to post the charts. To put it simply I like what I see on HUI, XAU, GOX , GDX , Etc.

See this gold chart

Saturday, May 19, 2007

Video : Gold Strategies

Mining stocks expert John Embry discuss gold stocks investment strategies with Victor Adair at

His views might explain the recent underperformance of gold indices despite relatively high gold prices.


Monday, May 07, 2007

XAU Chart

Given recent strength in gold prices the performance of the Philadelphia gold and silver stocks index is not that impressive. Other gold & silver mining indices haven't done much better.

The XAU: GOLD ratio continue to consolidate around recent lows.

Lets see what come next.

Chart annotated with short term Fibonacci levels and uptrend line ( short term support).

XAU Chart


Thursday, May 03, 2007


In this web log I post an occasional analysis of the technical condition of gold and silver stocks as reflected by Indices like XAU, HUI and sometimes also GDX, XGD and GOX. As of late I do not pay attention to specific stocks as it is not relevant for me as I don't trade them currently.

What do I trade?

I trade commodities and currencies as they are more suitable for my trading style.

Gold is both currency and commodity; you can look at it as monetary metal or a commodity (hard) currency.

It is very important for me to track the gold & silver miners so this web log helps with that mission.

How you can use this blog?

You can read my (over 100) posts for free and that might help you to study about technical analysis in general and specifically for the gold & silver sector.

Get my occasional market sentiment and confirm with yours!

Some posts include special reports, news pieces or videos which I think are worth sharing.

In addition I post in two other Web log commodities charts and Gold global perspective.