US equities remain significantly higher. Meanwhile, the precious metals are broadly higher, Gold +$11, with Silver +1.6%. The miner ETF of GDX is currently +3.3% in the $42.50s.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed the $1972s, helped by the cooler dollar.
Silver/SLV: silver printed the $27.55s, helped by the dollar.
GDX: miners higher with gold/silver. Momentum in the process of turning positive. I would note the upper daily bollinger around $43.00.
notable miner: NEM
Newmont is higher with the sector, but is lagging… as the mid/low tier miners are outperfoming.
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Equities: sp’60min
Just a little cooling wave, as s/t momentum is on the high side, and starting to tick lower. Whilst Tuesday might open weak, another swing upward from there can be expected to the 3440/60 zone.