GLD, weekly
SLV, weekly
Summary
Little to add.
Metals remain broadly weak.. along with most commodities.
USD looks set to break above the big DXY 100 threshold in the coming months, and that will increase the downward pressure on most $ denominated asset classes.
*if the metals outlook is correct, it has very bearish implications for the related mining stocks, no matter how strong the main equity market might be.
