GLD daily
SLV, daily
GDX daily
Summary
Gold/GLD: gold is seeing minor chop, hovering around the soft magnet of $1350. Broadly, its all chop since early 2017. An eventual bullish breakout above the decisive $1400 threshold looks increasingly due. From there, target would be 2400/2500... which is an awful long way up. If correct, monstrous implications for the related miners.
Silver/SLV: unusually, silver is catching the real attention today. We've seen a break >16.90 (as highlighted by Jim Iuorio yesterday), and its open air to the Jan' high of $17.70.
GDX: the miners are having a reasonable day, more helped via copper/silver, than gold. Broader price action remains choppy from early 2017. Things turn decisive if Gold >1400. Best miners... NEM, ABX.
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notable miner: ABX, daily
Despite the recent run, Barrick Gold remains m/t bearish. That only changes >17s.
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Equities: sp'60min
Price action remains choppy, and cyclically, we'll be inclined to cool into the close. Minor net daily declines should not be a surprise, and (in theory) that weakness really should carry across into Thursday.
time for some sun... back at 3pm