US equities are choppy, if still significantly lower. Meanwhile, the precious metals are leaning upward, Gold +$1.50, with Silver +0.6%. The miner ETF of GDX is currently -0.8% at $39.34.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed $1974, but has cooled to $1942. The stronger dollar sure isn’t helping.
Silver/SLV: silver printed $25.60, but has cooled to the upper $24s. The weak main market, and the stronger dollar aren’t helping.
GDX: miners lower with gold/silver, with the main market not helping.
notable miner: NEM
A new historic high, but cooling back with the sector. Bearish engulfing candle leans s/t bearish.
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Equities: sp’60min
Minor chop… as we’re s/t cyclically low. However, Tuesday threatens a gap lower <4400.