This video covers the near-term outlook for GLD, SLV, SIL & GDX with a look at the support & resistance levels, price targets & most likely scenario for the gold & silver mining sector going forward. (note: you may have to manually set the playback quality to 720p if watching this video shortly after being [...]
This video begins with a discussion on the both the near & long-term outlook for the US Dollar, where the case is made for a near-term bounce followed by a longer-term decline in the Greenback (which would be near-term bearish & longer-term bullish for precious metals & the miners), followed by an overview of GLD, [...]
Gold, silver & the mining stocks are at or near key resistance levels. Should both the metals & the miners make a solid & sustained break above resistance, that would bode very well for the longer-term outlook for the precious metals & mining sector. However, with the miners & metals at or near major resistance, [...]