Gold Stocks: Finding a Technical Floor
Key Takeaways
- •Gold mining equities have historically traded with a higher beta than spot gold, causing percentage swings in the shares to be amplified relative to moves in the underlying metal.
- •Morris Hubbartt's analytical methodology centers on volume analysis to identify accumulation and distribution patterns by examining trading activity alongside price action.
- •The analysis is accompanied by video-based chart reviews across four of Hubbartt's signal services: SGS, SG60, SGT, and SGJ.
- •Morris Hubbartt is the creator of proprietary timing models used in the Superforce Signals and Superforce 60 Trading Service and sole proprietor of SFS Newsletter Services.
- •Hubbartt's SFS Newsletter Services specializes in volume analysis specifically focused on the gold and silver markets.
Gold Stocks: Finding a Technical Floor
By Morris Hubbartt
In this analysis, Morris Hubbartt examines gold mining equities for signs of a potential technical support level. Gold mining stocks have historically traded with a higher beta to the underlying metal, meaning percentage swings in the shares tend to be amplified relative to moves in spot gold. That dynamic makes the identification of support and resistance levels a frequent focus for technically oriented participants in the sector. Hubbartt's approach centers on volume analysis, which seeks to identify accumulation and distribution patterns by examining trading activity alongside price action.
The piece accompanies several video-based chart reviews across Hubbartt's signal services, including SGS, SG60, SGT, and SGJ key charts, signals, and video analysis segments.
Video analyses referenced:
- SGS Key Charts, Signals, & Video Analysis
- SG60 Key Charts, Signals, & Video Analysis
- SGT Key Charts, Signals, & Video Analysis
- SGJ Key Charts, Signals, & Video Analysis
About the Author
Morris Hubbartt is the creator of proprietary timing models used in the Superforce Signals and Superforce 60 Trading Service. He has served as Senior Vice President, General Manager, and Co-Owner of a concrete manufacturing company since 1985. He is also the sole proprietor of SFS Newsletter Services, which specializes in volume analysis of the gold and silver markets. His websites are superforce60.com and superforcesignals.com.
Source: GoldSeek