Thursday, December 1, 2022

Dow Theory Update for December 1st: Primary bull market for gold and silver signaled on December 1st.

GDX and SIL in a primary bull market too

 

 A new primary bull market has been signaled in precious metals today (12/1/22). Yesterday, silver broke topside its secondary reaction highs. Today, gold confirmed, providing the awaited primary bull market signal. I hope to write soon a comprehensive article explaining the intricacies of this new signal. Now, the precious metals are in gear with their miners ETF (GDX and SIL), which have been in a primary bull market since 11/10/22, as explained in the link below:


https://lnkd.in/euKkPPj6

 

Sincerely,

Manuel Blay

Editor of thedowtheory.com

 

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