first majestic silver

Austin Galt

Austin Galt is The Voodoo Analyst. I have studied charts for over 20 years and am currently a private trader. Several years ago I worked as a licensed advisor with a well known Australian stock broker. While there was an abundance of fundamental analysts, there seemed to be a dearth of technical analysts. My aim here is to provide my view of technical analysis that is both intriguing and misunderstood by many. I like to refer to it as the black magic of stock market analysis.

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Austin Galt Articles

With both gold and silver putting in big moves higher the past week, I thought it would be timely to investigate both charts and see if anything can be gleaned from them. I have used the weekly charts of both commodities to do this. Let’s...
Palladium has been in the news recently so I thought I’d have a look at the chart and there were some interesting observations to be made. So let’s have a look starting with the yearly chart.
The title says it all really. Let’s first look at the yearly chart of the US Dollar Index to see what it means.
I'm gonna vary it up here and go with some bottom up analysis beginning with the daily chart.
“It’s not timing the market but time in the market”. Yep, we’ve all heard this refrain from market commentators on TV disguised as experts. Some go even further saying it’s impossible to time the market. Well, what a load of codswallop!...
In recent months I’ve heard a lot of chatter about how interest rates are now on the up. Heads are nodded in approval with comments along the lines of rates couldn’t really go any lower. Well count me out of that love-fest. After looking...
With the gold price recently embarking on its next move down, I thought it would be a timely opportunity to investigate the AMEX HUI Gold Bugs Index and see if anything can be gleaned from is chart.

Minting of gold in the U.S. stopped in 1933, during the Great Depression.

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