US equities are broadly flat. Meanwhile, the precious metals are mixed, Gold -0.1%, with Silver +0.8%. The miner ETF of GDX is currently +0.1% at $37.25.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed $2558, just $12 shy of the recent hist’ high.
Silver/SLV: silver printed $29.22, especially helped by the equity market bounce.
GDX: miners are mixed, if leaning on the weaker side. Any main market downside will be a problem.
notable gold miner: GOLD
Holding up better than most things.
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notable silver miner: AG
Powering upward… more of a technical bounce than anything.
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Equities: sp’60min
A new multi-day high… just above psy’ 5500.
Multiple aspects of resistance… should hold, not least ahead of a Thursday.
S/t cyclically high, just like yesterday afternoon.