GLD daily
GDX daily
Summary
Gold/GLD: gold has swung from the $1386s to $1410s. Partly its just a s/t cyclical rebound, as after the June bullish settlement, any cooling waves are to be seen as such. M/t bullish to psy'1500, with secondary of 1650/1750.
GDX: the miners are seeing a strong rebound with gold.
Notable miner: Barrick Gold (GOLD)
Remains my personal favourite. M/t bullish, soft target $21s.
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Equities: sp'60min
Price action remains micro chop. Still due a bearish macd cross.