Commodities - Gold and Silver report along with a long position in GDX

publication date: Sep 14, 2020

Attached we have charts of the December Gold and Silver futures, along with one of GDX. The GDX ETF has broken the downtrend of the recent low, and we believe it has a +26% rally from here. The setup is very bullish and equates to the pullback we had in mid-June of this year.

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