US equities are battling to hold sig’ gains. Meanwhile, the precious metals are mixed, Gold -$19 (0.6%), with Silver +19cents (0.6%). The miner ETF of GDX is currently -2.3% at $50.49.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: printing a new hist’ high of $3499, but cooling back to around $3487. Bearish engulfing candle. If DXY 89/88s, then Gold +20% to around 4K
Silver/SLV: silver currently moderately higher at $32.95.
GDX: yesterday’s black candle played out.
notable gold miner: GOLD
Yesterday’s black candle played out.
Selling the Donlin project for around $1bn to Novagold Resources
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notable miner: NG
… catching some speculative chasers this morning on the asset purchase from Barrick
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notable silver miner: AG
Yesterday’s bearish engulfing candle played out.
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Equities: sp’60min
Cooling back on tariff headlines… to tag yellow gap.
More broadly… 5700s !