GLD, daily
SLV, daily
Summary
If GLD loses the 122s, then another $40/50 lower for spot gold.
-
Despite today's minor net gain, Silver remains especially weak, not least with Copper hovering around the $3 threshold. I'm still inclined to see Copper falling to 2.25/00. If that is the case, it'd put extra downward pressure on Gold and Silver.
