Stocks and Precious Metals Charts – Into the Dog Days – Gold Breaking Out, Stocks Pop and Flop

from Jesse’s Café Américain

Gold made a move to break out of its consolidation pattern today with a clean close above overhead resistance.

Silver held a close over 18.

Stocks were running like gangbusters after a late night selloff.

Alas, only the new era stocks in big cap tech held a gain, with the SP 500 futures finishing unchanged.

There will be a Comex metals option expiration on the 25th.

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