GDXJ, GDXJ-GLD, $XAU, $GDM, TIP & TLT-GLD
GDXJ & GDXJ-GLD are trying to break out now from (seemingly), bullish falling wedges on the daily charts. $XAU & $GDM are, as of now, bearish in the ST.
TIP, as of now, is saying the whole PM mining sector is on the verge of dumping. Weekly TLT-GLD is, as of now, saying the PM mining sector may rally strongly, monthly TLT-GLD is saying
the PM mining sector is on the verge of dumping. So, in summary, there just plain ain’t any direction for now.
Thanks JL, comprehensive! Makes me think I might have been cherry picking with the charts I posted… we see what we want to see. Thanks for being objective, as usual.
You’re welcome Dave.