Gold Miners Sparkling
Every single item on my futures watch list is deep in the green today, which is annoying with some important exception: gold. Here we see GLD has mustered past its most recent (albeit small) basing pattern and is chipping away at that Ukraine Peak (which formerly had pushed futures to nearly $2100):
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In turn, the miners continue to celebrate, such as GDX:
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As well as the juniors, GDXJ:
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The much longer-term continuous contract of gold futures shows the raw potential that has been building for years:
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