The Gold and Silver are attempting to confirm higher.
Some of the names might be much better plays (depending on your proclivities) via call spreads or direct long positions versus outright’s in the metals
AGQ…double long Silver…the 200 day is 47.01…”resistance”
GLD… closing and maintaining over 163.17 “resistance” will portend higher prices.
AEM…a close over 51.45 puts in an ORH day, a price positive pattern.
GG…..37.36 is the ORH daily #. 38.70-86 is the monthly closing hurdle # for more up.
SLW…36.72 is the ORH daily #
GOLD-Rangold…94.84 is the daily ORH#
GDX…45.76 is the ORH #, however this needs over 46 for more upside.
GDXJ…this ETF looks the better of the two. By maintaining over 20.45 close this could run up to
the low to mid 21’s
All of the above need late day confirmation!!!!
