US equities are broadly weak. Meanwhile, the precious metals are a little higher, Gold +$2 (0.1%), with Silver +0.2%. The miner ETF of GDX is currently +0.4% in the $34.87.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed the $1835s, as we’re seeing marginally higher highs. Things turn interesting >1850.
Silver/SLV: silver printed $26.49…. and remains short and mid term chop.
GDX: miners seeing considerable chop, leaning on the positive side. Things turn interesting >$37.00
*I hold long the sector via GOLD, NEM, AG, HL, KGC
notable miner: GOLD
Barrick Gold is struggling, as yesterday’s black candle played out. Things only turn interesting >$23.00.
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Equities: sp’60min
Another swing lower, breaking a new intraday low, as red gap appears due into the close/early Friday. From there… broad chop for OPEX. Prime target remains 4250/40s.