US equities are moderately higher. Meanwhile, the precious metals are significantly higher, Gold +$18, with Silver +2.2%. The miner ETF of GDX is currently +2.7% in the $37.02s.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: gold printed the $1902s, clearly helped by further dollar cooling. The break >psy'1900 is significant, and offers a challenge of the recent key high of the $1966s. Any price action above that would be decisive, and provisionally confirm what is a multi-month bull flag.
Silver/SLV: silver printed $26.31, helped by a positive main market, but also the cooler dollar. Like gold, multi-month price structure is a bull flag. Having printed the $29s this past summer, next big target is the 35/37 zone.
GDX: miners are powering upward with gold/silver. Soft target are the $38s. Things turn decisive >42.00.
notable miner: GOLD
Barrick Gold is higher with the sector. Things turn decisive with >$26s.
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Equities: sp'60min
S/t momentum continues to weaken, set to turn negative Friday morning.
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Subscriber (and guests) note... I'll remain here for the remainder of today, including the AH posts.
Yours... wondering if I'll make it beyond the winter solstice.
