US equities are still leaning weak. Meanwhile, the precious metals are broadly higher, Gold +$27 (0.9%), with Silver +$1.16 (3.4%). The miner ETF of GDX is currently +0.9% at $52.38.
Weekly charts for perspective…
GLD
SLV
GDX
Summary
Gold/GLD: gold is broadly higher, currently around $3351.
Silver/SLV: silver is powerfully higher, printing $38.40, the highest since Sept’2011.
GDX: miners are moderately higher.
notable gold miner: AEM
Fairing a little better than the sector.
AEM remains the sector leader.
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notable silver miner: PAAS
New multi-year high. Silver miners naturally out-performing the gold miners today. Arguably the best of the silver miners.
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Equities: sp’60min
S/t structure is a bear flag.