Gold, silver, and miners for the most part have been consolidating bullishly since the start of December. Gold faces resistance at $1840 and $1870 while silver has resistance at $25 and $26.
Gold, silver, and miners for the most part have been consolidating bullishly since the start of December. Gold faces resistance at $1840 and $1870 while Silver has resistance at $25 and $26. If the sector pops higher past this initial resistance, then look at upside targets of $1870 for Gold and $26 for Silver.
GDX has resistance at $30 and GDXJ has resistance at $37. Should the miners break resistance and pop higher, then the upside targets are $42 for GDXJ and $33 for GDX.
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