I just finished a video in which gold, silver, GDX, the $US Dollar, Euro, & more are covered. As soon that that video is uploaded & processed I’ll post it but until then, here are a couple of charts on gold & GDX, both of which may be in the process of putting in blow-off tops.
/GC (gold future) or GLD (ETF) sell signal to come on a break below this 60-minute uptrend line as well as any potential Island Cluster or Island Cluster top on the daily charts new week (see upcoming video for more on that).
GDX (gold miners ETF) offers an aggressive short entry here with an alternative entry or add-on to come either on a break below the uptrend line and/or any gap down next week that puts in an Island or Island Cluster Top. Additional price targets will likely be added if this trade starts to play out soon, also depending on what is see with the $USD & gold (both covered in more detail in the upcoming video).
SLV (silver ETF), SIL (silver miners ETF), or /SI (silver futures) would be another proxy for shorting the metals with silver typically moving in the same direction as gold, typically in a multiple of gold (i.e.- more in percentage terms, just as with GDX).


