US equity indexes remain mixed. Meanwhile, the precious metals are moderately higher, Gold +$10 (0.4%), with Silver +0.8%. The miner ETF of GDX is currently +0.8% at $40.50.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed $2685, especially helped by lower bond yields.
Silver/SLV: silver printed $31.89… if s/t choppy. I can’t take it seriously until a break/hold >$32.75.
GDX: miners are battling upward… which is impressive relative to gold/silver, and the mixed main market.
notable gold miner: GOLD
Reflective of the sector.
Monday’s hollow red reversal candle played out.
–
notable silver miner: AG
The fourth day higher of six.
–
Equities: sp’60min
Choppy, if leaning weak, having tagged purple gap.
S/t momentum is already on the low side.