Market Outlook He suggests putting money into the "risk-on" assets. The market was weakening back in April and had cautioned clients pause. Now they believe an intermediate low has been established and are recommending capital be redeployed back into the market. Today's price action is likely a signal we are about to move to new all time highs. This includes getting back into the crude oil space -- especially the integrated companies.

It continues to be under pressure and they believe commodities are challenged longer term. Here they saw a multi-month rally which could show upside into September. This could rally back to key resistance near $3.50 followed by a resumption of the bear trend. He would sell into this rally.

He likes the chart and added to their position a few months ago. The recent sharp price move higher is signalling a need for time to digest the move. He expects another move higher shortly.

It is trading near long term key support at $20 and appears to be building a good base. A breakout to the upside would signal a potential move towards $40. He would wait for the break out through about $25 before entering.

It is in a longer term down trend since early 2018. He thinks gold may be forming an intermediate peak and could face a resumption of the bear trend soon over the next month or two. He would be taking profit here and buy back later after the pullback.

A sell. It has been in a longer term down channel since 2017. Compared to the relative market it has become a value trap and the stock is unloved.

The stock's uptrend has recently broken down. He likes the longer term up channel that has formed since early 2018 with higher significant lows, but thinks it may take time before it regains its momentum to the upside. The TMX announcement later today may impact the share price significantly.

The chart remains in a long term down trend, making newer lower lows. A sell.

Is gold hitting resistance? Gold prices are testing key resistance again at $1350 /oz. He thinks a pullback may be coming back towards $1300 soon and reaccelerate later in the summer to potentially test $1400 or higher. Trading in the mining space seems to suggest the smart money is heading for the exit right now. If you are patient you may be rewarded handsomely. FNV is a good quality holding for the space. The return to highs near $110 are looking a little long in the tooth. He would be patient to try to enter near $100 per share.

Gold prices Gold prices are testing key resistance again at $1350 /oz. He thinks a pullback may be coming back towards $1300 soon and reaccelerate later in the summer to potentially test $1400 or higher. Trading in the mining space seems to suggest the smart money is heading for the exit right now. If you are patient you may be rewarded handsomely.

Which oscillator do you recommend? The MACD is the most commonly used. It measures the differences between a slow and faster moving average. Technicals are driven by herd behavior, so if you follow the more broadly used indicator you will better understand the moves in the market.

(A Top Pick Mar 15/19, Up 16%) He sees it continuing to press higher. He would continue to hold it as it is consolidating before an expected further push higher.

(A Top Pick Mar 15/19, Up 6%) He thinks over the next couple of weeks, gold prices will retrace and he would look to buy into the weakness.

(A Top Pick Mar 15/19, Up 15%) His fundamental analyst is calling for $60. He thinks a near term pause or retracement may occur, but not before getting towards $54-$56.

He likes the chart with higher highs and higher lows. He expects a sideways consolidation because of the recent sharp move. He would hold and collect the dividend while it consolidates.