Gold, Silver, Miners Head Down to Fib Targets
Stocks are mixed after yesterday’s Mag-7 rally that dragged the market higher in our favor.
Overall, the momentum is up across the board for positions.
Gold, silver, and miners continue to struggle as late FOMO buyers panic out, triggering a sharp wave of selling. This pullback in metals should stabilize and rebound in due time.
Respectfully,
Chris Vermeulen
Founder, The Technical Traders
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