Discover and read the best of Twitter Threads about #GDX

Most recents (11)

Silver (1/4)

The top portion shows silver/nasdaq ratio.
The middle portion shows the gold/silver ratio.
The bottom portion shows the silver price.

Here we have two ratios, which both appear to be about to breakout higher and lower respectfully. See what happens when they do. Image
Silver (2/4)
When this happens, it is usually followed by a long rally in the silver price and a rotation into precious metals occurs.

Another ratio which appears to be signalling a bottom in the silver price is Silver/M2 money supply near all time lows. Image
Silver (3/4)
The GDX which comprises of gold and silver miners, appears to be trapped in an upward trend channel.

Recently a low has been made at 30 with the upper bound limit of 51 the next target.
#GDX #miners Image
Read 4 tweets
HILO #SILVER #GOLD #GDX y colaterales minerías metales industriales. SECTORES PERROS en 2021, a vigilar este 2022, Empiezo por SILVER SEMANAL Y GDX semanal, que es otra tematica en la que había mucha literatura/esperanza, pero está todo relacionado, y los mismos niveles. ImageImage
Hay dos zona claves, en plata el 25.50, y en GDX 35 para que en semanal podamos decir que ya existe un nuevo set de minimos y máximos crecientes, es decir nacimiento de tendencia.
#SILVER DIARIO el aspecto técnico divergente es bueno, y es sector perro, quiere decir, que si el mercado se fija en lo barato, no tendrá mas remedio. ImageImage
Read 10 tweets
Gold is now in the third month of consolidating; I view this chart pattern as a bullish consolidation as Managed Money speculative positions are now down 65% from previous highs. One fundamental positive last week, was India returning to a premium to world markets. Indian...
& Chinese consumer demand were major support for Gold during the bear market. Both consumers backed off once Gold broke out last summer, we expect pent up demand out of these 2 huge buyers of physical Gold. So far, Chinese consumers do not appear to be on the bid. The dollar...
appears to be in a bearish consolidation pattern. So I do not view this as a negative for Gold. Treasury market continues to look like it is no longer a market, but is now fixed in a trading range. News that the Fed purchased larger amounts of Treasuries than usual last week as..
Read 12 tweets
#Gold Feelings have strong impact on investors. We are in wave 2 of wave C (down). This is the hardest place to stay objective. Sentiments influenced by wave B and wave C. My approach: Observe 1) EW-structure 2) USDJPY 3) Miners 4) Silver 5) TIPS. GOLD IS ABOUT TO CRASH
#Silver neg. on Day, #GDX #Miners neg. on Day, #Bitcoin neg. on Day. Massive neg. RSI divergence on #Gold. Major turn in gold is imminent!
Why is it that everybody always panics in wave 2. Look at the structures, guys. We have seen it million times before. Same divergences, same lead from other assets, same looong turns, same sentiments. Structures - and patience!👍🙂
Read 4 tweets
Good morning! Let's have an update on markets as it has now become very clear, that we are to see the #Deflation unfolding, which I have mentioned here for a long time. Why hasn't it really hurt yet - and what to expect? Stay tuned for some #HZupdates
I have shown my #Oil chart for a long time with Ending Diagonal. Since talks of oil >100USD - and during spikes in oil due to attacks in ME. All noise!! Structures drive price - and we are en route towards <20USD - perhaps as low as ~10USD for Oil. #Deflation unfolding!
I have shown #Deflation in #CRB chart. Broken lower trendline and now heading towards much lower levels to be reached this year! It will be a SECULAR BOTTOM - hence this is from where #STAGLFLATION will develop, as economy continues to plummet and prices begin to rise #HZupdates
Read 23 tweets
2020 weekly close thread for PFAS.

Down 0.17% over the first two trading sessions. 11 up, 9 down, 5 unch...

No movements greater than 5%
Divis #ULS #RECI
Exit: #RRE (too crowded, no edge)
Slice: #AAZ (to 20% weight)

Now 8% cash which I plan to deploy next week

Good w/e all
PFAS down 0.44% weekly (-0.61% YTD). 12 up, 12 down, 2 unch
⭐️ #BVXP #SPSY
🐶 #ULS

New #CAML #IITU
Adds #HICL #TRIG #HFEL #HHI #RECI #PSN #IGG #GSK #KETL #VNET
Divis #GAW #GSK

Have a great w/e folks 🍻🥂⚽️
PFAS up 1.1% weekly (+0.48% YTD). 18 up, 7 down, 2 unch
⭐️ #BVXP #GAW #HICL #IPX #PAY #PSN
🐶 #SPSY #VNET

News #AAZ#CLIG#GAW#PSN

Sold a slither of #GAW & #SPSY to fund an experimental position in #EMQQ

Have a great w/e folks 🍻🥂⚽️
Read 57 tweets
#Silver The start of a Bull Market (in yellow). Really!? #HZupdates
#GDX The start of a Bull Market (January 2016). Really?! #HZupdates
#Gold BULL TRAP - Wait for it!
Read 3 tweets
Dear all 🙂Hope you enjoy the weekend! We are still in the Twilight Zone. Despite continued deteriorating economic fundamentals across the globe, US stock market continues to rally. But for how long...? Stay tuned for some #HZupdates
Indicators and signals across the globe continue to suggest economic slowdown - which slowly but surely spreads to all geographical regions and industries. It is my firm belief, that US will not decouple and US #equities will realize this at some point #HZupdates
#WTI sends clear signal from major Ending Diagonal. We may rally further in wave (B) - but soon we will see a reversal, which will send #Oil towards its LT-target of <20USD #HZupdates
Read 19 tweets
So - #Gold is rallying towards AT - right? Bulls have won! Somebody should send the memo to #Silver. While #Silver normally leads or peaks with Gold - Gold has been on its own spree. Man - I would love to join the Gold Euphoria 😉 Bear Flag - perhaps? #HZupdates
Somebody should also send that memo to #GDX. Notice how GDX bottoms and supports Gold in Bull market. New high in Gold = New High in GDX. Not what we see now! #HZupdates
But....#USD is breaking down as Fed will cut rates.... No - it is not! #DXY is CORRECTING in a clear stairs-like structure. We can see 95 or 94 - perhaps lower. But this is no breakdown #HZupdates
Read 14 tweets
Good morning all! 😎 Trust you are well. #Oil declined hard last week. The deflationary environment is unfolding, as it has been laid out in #HZupdates. Please stay tuned for more!
Anybody who has been following my #deflationary scenario remembers my #Oil chart. The bounce, we saw from end 2018 until April 2019 was a wave "B" bounce in this wave 5 of the great Ending Diagonal. We will see Oil plummet to min. 22USD pot. all the wavy to ~10USD #HZupdates
This has not come as a surprise! #AUDUSD (Inflation gauge) had for a long time been flirting with LT-trendline from 2008. This was a sign of weakness in inflation - which could only play out, if Oil dropped (like the Ending diagonal suggested) #HZupdates
Read 17 tweets
Hi #fintwit 😎 We are approaching a watershed moment in markets. Final deflationary phase of Kondratiev's winter is about to play out. Huge implications for #EUR, #Gold, #SP500, #DXY etc. I have some new interesting followers - hence something extra in this week's #HZupdates
#Kondratiev's winter is a period where #Velocity of Money drops which creates a disinflationary economic environment, where growth is subdued due to #debt levels. Since ~2000 we have been in this winter - and are still to see a range of "major economic events" unfold #HZupdates
In fact, we have never left the #Financial #Crisis. We have only been bouncing in the great "Financial and Sovereign Debt Crisis" of this #Kondratiev's winter. This can be observed from the #Deflation Gauges #Copper, #XAU, AUD, EUR. We are about to see wave C develop #HZupdates
Read 21 tweets

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