US equities remain significantly higher. Meanwhile, the precious metals are moderately higher, Gold +$7, with Silver +0.5%. The miner ETF of GDX is currently +0.5% at $31.80.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed the $1837s, partly helped by the cooler dollar. It remains chop… things turn interesting >$1879s, and decisive >psy’ $1900.
Silver/SLV: silver printed $23.37. Its all chop until >$25.50.
GDX: miners higher with gold/silver, and helped by the positive main market.
Yours truly holds the quintet of GOLD, NEM, AG, HL, KGC. I’m actually thinking about adding (as I did last Friday morning), but not today. I’d like to see some main market cooling Thurs/Friday.
notable miner: GOLD
A fourth day higher. 200dma, and the recent high of $20.30. I need to see the $22s.
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Equities: sp’60min
S/t momentum has leveled out. Even without tomorrow’s CPI data, we’re s/t over-stretched. Am I shorting an index… hell no. I’d rather just wait to buy back some things.
RE: CFVI… the Rogan ‘no’ is something I did mention as a threat. Its frankly… very pleasing to see. I’m happy to buy in the $13s… but I WAIT, as tomorrow is a Thursday. Any main market cooling might be enough to see the $12s… maybe even the $11s. Absolutely m/t bullish Rumble.com