Quick Metals Update - Market Analysis for Jun 7th, 2024

I can count 5 down in GC, and possibly even in GDX, with some assumptions.   Silver is still a bit questionable.  But, the main point is that as long as yesterday's high is respected, we still have a door open for another drop and a deeper pullback.  

Should we be able to take out yesterday's high first, then this would invalidate this immediate set up for lower lows.  So, if you are going to retain any immediate bearish bias, please know where that door can potentially close.