July 29, 2025 (Investorideas.com newswire) according to the title – We see more and
More confirmationsThat the trend has changed.
USD and GDXJ return to the limit of April
The
Forex -MarketSupports it clearly. The USD index has moved just above 99, and it is the first time this month it happens.
Conversely, even before today’s session – during yesterday’s trade – the GDXJ moved to new monthly lows in Intraday conditions and then closed the day on the new monthly layer to the extent with
My earlier comments.
That was also a daily close clear under the flag pattern. In contrast to the demolition of mid -July, it is clear because GDXJ is closed far below the lower edge of the pattern, not just somewhat.
It was also an end under the April Intraday High. This is Bearish, but it will still be bearish if we see a daily closure below the highest closure of April. To simplify, a closure of less than $ 65 in the GDXJ will serve as the last warning – if you have missed the submission of this sector in advance, this might be your last chance before the decline accelerates.
If you look again at the previous USD index graph, you will see something special in the price movements that end at the current price levels.
The April -Dia in the USDX and the April meeting in the GDXJ, both more or less ended where both instruments now act. The movements in both directions can be comparable, whereby the movements have a chance to be even more volatile (fear is a stronger emotion than greed).
This means that as soon as USDX’s Rally accelerates and GDXJ finally breaks under the High of April, the movement can be quite sharp. It would not even surprise me to see a fairly fast slide to the $ 50 area – until the bottom of April.
I realize that this may not seem realistic, given that GDXJ has barely done anything in recent weeks, but I assure you that this is more than possible. In fact, periods of low volatility are usually followed by periods of high volatility and vice versa. It seems that a sharp movement will take place soon. And given the confirmed outbreak in the USDX and confirmed demolition in the GDXJ, it is also fairly clear in which direction the markets will move.
At the moment we are about to have those movements –
Also in gold. We can also see something similar in other markets.
PlatinumAlready brought back under the High of June, but it takes a break before he takes more. Again – it is lower on an edge of the large movement.
SILIL -VOLUME Spikes Echo 2021 TOP
Silver price brokeBelow the upper rising support line, but it is not yet broken under the lower. Once this level and June are high, the door to much lower silver prices will be wide open.
And as you saw in April – Silver can deteriorate very quickly.
To clarify, silver remains my favorite
Long -term investmentsHowever, it does not change the fact that I think it will decrease when the USD index meets, especially if the stock market also drops.
The last graph for today is that with SILIL – the Silver Junior Mining Stocks ETF.
The thing I want to emphasize here is the increase in the volume that we saw very recently. This is the second part peak in a relatively short period. We saw something similar in the past and it happened exactly on the top 2021.
Silj did not break into new highlights, it was just a very strong resistance. The sudden increase in volume represents the sudden increase in interest in this ETF – that is what tends to accompany tops, and the analogy by 2021 proves it.
Thank you for reading the analysis of my today – I appreciate that you have taken the time to dig deeper and that you read the whole piece. If you want to get more (and extra details that are not available for 99% investors), I invite you to stay up to date with our free analyzes –
Register now for our free golden newsletter.
Thank you.
Przemyslaw K. Radomski, CFA
More info:
Disclaimer/disclosure: Investorideas.com is a digital publisher of external news, articles and stock research and makes original content, including video, interviews and articles. Original content made by Investorideas is protected by copyright laws other than syndication rights. Our site makes no recommendations for purchases or sale of shares, services or products. Nothing on our sites may be interpreted as an offer or request to buy or sell products or effects. All investments include risks and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Publication is placed for every compensated news item, if necessary published /made, but otherwise the news was not compensated and published for the only interest of our readers and followers. Contact management and IR from each company directly with regard to specific questions.
More disclaimer info: https://www.investorideas.com/about/disclaimer.asp Learn more about publishing your news item and our other news services on the investorideas.com newswire https://www.investorideas.com/newsupload/
Global investors must adhere to the rules of each country. Read Investorideas.com Privacy Policy: https://www.investorideas.com/about/private_policy.asp
#Monthly #highlights #USD #monthly #lows #GDXJ