It was another bullish month for the precious metals, with Gold and Silver settling net higher for February by $42.50 (3.5%) to $1253.90 and $0.93 (5.3%) to $18.47, respectively. Near/mid term outlook remains bullish unless rising trend is broken that links the Dec'2016 and Dec'2015 lows. First big upside target is to break last summer's highs.
Gold, monthly
Silver, monthly
Summary
Suffice to add, it was a bullish month for the precious metals, which was especially impressive, if you keep in mind the USD, which saw saw a net monthly gain of 1.7% to the DXY 101s.
Dec'2016 saw a key higher low for Gold and Silver, now its a case of waiting to break last summer's highs. Things turn hyper-bullish with Gold $1400s, Silver $22s, and GDX in the $32s.
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If you have an interest in the precious metals, and the related Gold Mining stocks...
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bullish the metals... and miners.