US equities are clawing upward. Meanwhile, the precious metals are broadly higher, Gold +$22 (0.7%), with Silver +71cents (2.2%). The miner ETF of GDX is currently +1.2% at $52.25.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold is currently around $3335… as silver is s/t outperforming.
Silver/SLV: printing a new multi-year high of $36.72. Having cleared the $35s, its open air to psy’ $40.
GDX: miners higher with gold/silver.
notable gold miner: B
Barrick leading the gold miners upward.
An eventual daily close >$21.00 will be very important.
–
notable silver miner: AG
A new multi-year high of $8.66.
Today’s black candle leans to s/t cooling.
–
Equities: sp’60min
A new cycle high of 6019… but it remains very subdued out there.