Gold pops a few bucks and silver drops a few cents.
What do you want? To have your cake and eat it too.
GLD just above the 50 dma in the premarket, hanging by a few cents. As always, any and all resistance levels above will be fought tooth and nail. Any support levels below, won’t hold.
HUI same thing, stumbling right here at the 50 dma as well.
We’ll see how the day goes, but we can’t wait for more than a day or two more before we get a big pop or they’ll take us right back down in the crapper.