US equities are recovering upward. Meanwhile, the precious metals are leaning weak, Gold -$5 (0.3%), with Silver -0.8%. The miner ETF of GDX is currently +0.6% at $26.06.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed $1826, pressured by sustained high yields, and the broadly strong dollar. The low $1600s appear a high threat before year end.
Silver/SLV: silver printed $20.86, largely pressured by the weak equity market. Sub $20 is a given.
GDX: miners seeing moderate chop… with silver miners leading the way back upward.
notable miner: GOLD
Fairing a little worse than the sector.
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Equities: sp’60min
Choppy, if recovering upward.
The low 4300s appear due within 1-2 days.