US equities are choppy, if still leaning net lower. Meanwhile, the precious metals are leaning upward, Gold +$5 (0.3%), with Silver +0.4%. The miner ETF of GDX is currently -2cents at $28.77.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: printing $1836, if recovering to $1854. Despite a bounce, set for a fourth consecutive net weekly decline.
Silver/SLV: printing $21.40, if recovering to $24.70s… helped by the recovery in the main market.
GDX: miners sig’ lower in early market, but recovering to broadly flat. The problem shall remain… the main market.
notable miner: GOLD
The fifth day lower of seven. No real sign of a turn.
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Equities: sp’60min
Chop chop… as the market feels tired. I would look for weak leaning chop on Friday, with an OPEX pin around 4100.




