US equities are moderately lower. Meanwhile, the precious metals are mixed, Gold +$2 (0.1%), with Silver -50cents (1.5%). The miner ETF of GDX is currently -0.7% at $52.61.
Weekly charts for perspective…
GLD
SLV
GDX
Summary
Gold/GLD: gold is broadly flat, currently around $3370.
Silver/SLV: silver is very significantly lower… mostly just s/t cyclical cooling, currently around $36.00.
GDX: miners are moderately lower. S/t vulnerable with the main market.
notable gold miner: B
Fairing a little better than the sector.
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notable silver miner: AG
Wednesday’s bearish engulfing candle played out.
Yellow gap due.
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Equities: sp’60min
The Iranians re-iterating…
‘We will not stop uranium enrichment for peaceful purposes‘
Trump will be annoyed at that!