Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: Gold Feels Heavy. Uptrend Intact but Better Cost Basis in near Term and more

In today’s briefing:

  • Gold Feels Heavy. Uptrend Intact but Better Cost Basis in near Term


Gold Feels Heavy. Uptrend Intact but Better Cost Basis in near Term

By Douglas Busch

  • Gold MONTHLY chart records back-to-back bearish shooting stars in April and May.
  • Steel stocks possibly bottoming on incessant tariff talks creating opportunity.
  • Silver looks technically better than gold and likely to outshine precious metal into year-end.

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