Silver Squeeze, Gold Fails & GDX Breadth

It was an interesting week in the precious metals complex. There appeared to be the start of a short squeeze in Silver (hedge funds were heavily short) but it ceased at important resistance. Meanwhile, Gold closed the week on a weak note, losing $1340-$1350. The gold stocks, like Silver closed the week below technical resistance. … Continue reading Silver Squeeze, Gold Fails & GDX Breadth