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Patrick Karim, technical analyst at Technical Traders Ltd, comments on current conditions in the gold and silver miners sector. Karim observes that while narratives differ across companies, their price trends show strong similarities due to capital leaving the sector.
He notes that this trend is causing widespread downward pressure, with many investors still in denial about the magnitude of outflows.
Karim recently provided an in-depth video review of miners, gold, and silver ratio charts for members. He has also discussed U.S. 10 year yields testing key resistance levels with potential breakout targets at 7% and 13%. These analyses add further context to his ongoing commentary on market pressures affecting precious metals and related sectors.