NEM broke out of its head and shoulders in a big big way today (see my idea from last week). This is also a textbook set-up. GLD still in original uptrend that it began last summer. All this stimulus is very positive for metals. Could use a breather or some sideways action but often you don't get a chance. If miners lead the metals then a breakout in GLD should be coming soon. Although NEM made new high, GDX still has not had a breakout so watching that closely.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.