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Article By: Rambus Chartology
Thursday, April 20, 2017 5:00 AM EDT
Ironically, SLV is testing the top rail of its bear market downtrend channel. The top rail of the downtrend channel may also be part of the 6 point diamond consolidation pattern.
Article By: Adam Hamilton
Friday, April 7, 2017 1:26 PM EDT
Gold stocks are on the verge of major technical breakouts. The HUI is finally clawing over its 50dma after challenging it for weeks, with its 200dma now in its sights. Both breakouts should unleash big buying by technically-oriented funds.