Related Video: “Gold, Silver, & The Miners: When You Should Start Investing”
Though we’ve seen some bullish rally/spike last 2-3 months, I still don’t think this is the level to start investing (you can swing trade it or day trade it, but I am talking about the long-term outlook — check out my last video). As long as we are range bound in that “falling channel”, the long-term sentiment continues to be bearish. I would like to share several charts in this article as a reference point that as long as we are below this level, we should be cautious for anything long-term on Gold, Silver, & the Miners.
GLD, SPDR GOLD SHARES (Daily)
GDX, MARKET VECTORS GOLD MINERS ETF (Daily)
SLV, ISHARES SILVER TRUST (Daily)
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