Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Metals Gap Approaching

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It’s been a fairly quiet morning so far, with my efforts mostly focused on staying engaged in a market in which by all rights I should lose all interest. Still, even a cursory glance at my trading rules would indicate that it’s precisely at times like these that are often the most opportunity-rich.

I’ll just share one particular chart for the moment, which is the metals and mining fund XME. It has a price gap at 114.50, and the closer we get to that gap, the more intriguing a short setup we have.

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Gold Market Bides Time

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The gold market has a lot going against it at this time (note: “at this time”)

This is a non-comprehensive view of the gold market and what is in store. Please take it as such. The real work will be done in weekly NFTRH reports and in-week updates, as always. And there is a lot of it that needs to be done to correctly define the “top-down” macro and gold’s place within it.

There are so many factors, clues and data points that need to come together in right-minded market analysis to form a dependable narrative. Especially at a time like today with a war going on, the stock market looking at its summer correction and the precious metals deep in correction already.

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