Star performers Royal Gold & Silver Wheaton, high flyer Franco Nevada, American Barrick, RandGold, Goldcorp GLD & the general indexes are all studied for strengths, weaknesses, opportunities & threats by Rambus last night.

Click on the image for this study with large charts (don’t need to be clicked on for larger view) – Editor Money Talks

A Cold Hard Look at The Big Cap Precious Metals Charts

In tonight’s report I would like to take a good hard unbiased look at some of the big cap precious metals stocks that have been in rally mode since the first of June. This rally has been pretty impressive so far but is it the real thing? Last night I showed you some charts on the GDM going from the 60 minute short term look to a year and a half look that showed the two big patterns we have in place right now, the falling flag and the inverse H&S bottom. Tonight I would like to follow up with some big cap PM stocks, on the 60 minute chart and the bigger long term chart charts, that have their own respective year long trading ranges.

First lets look at the 60 minute chart of the GDM that I showed you last night that had a H&S top forming. Today GDM did some more work on the right shoulder that is making the H&S top a little more symmetrical now. Keep this H&S top in your mind when we look at some of the other big cap PM stocks in a bit.

… click HERE for study with large charts