Are You Prepared For The Next Big Move In Gold And Silver? – Investing.com

  • Date: 01-Jul-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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Are You Prepared For The Next Big Move In Gold And Silver? – Investing.com

The precious metals sector has been in a downtrend since August 2020

The chart above is a 52-week daily of GLD (NYSE:). The GDX (NYSE:) chart looks almost identical. The silver (NYSE:) chart shows a high close since last August. But silver has traded in a sideways trading channel since the end of last August. Silver has actually been in a gentle uptrend since late October 2020.