GLD, daily
SLV, daily
Summary
Suffice to say, a bounce was not entirely unexpected, but despite the strong gains today, the metals remain in broader weekly/monthly down trends.
The thing that so few seem to recognise, even if the metals did put in a key multi-month floor in June (which I doubt), it will take another 9-12 months until the underlying price momentum will get back to neutral, never mind bullish!
