US equities are choppy, with mixed indexes. Meanwhile, the precious metals are powerfully higher, Gold +$171 (4.2%), with Silver +$2.67 (4.5%). The miner ETF of GDX is currently +7.2% at $83.51.
Gold, daily
Silver, daily
GDX, daily
Summary
Gold: currently $4249, breaking above the 50dma.
Silver: currently $62.20, not yet above the 50dma.
GDX: miners are very powerfully higher with gold/silver.
notable gold miner: NEM
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notable silver miner: PAAS
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Equities: sp’60min
Hourly momo has turned negative.
Net bearish into early Thurs’