These two prices for silver & mining stocks will confirm a historic bottom is in place.

Silver
July 2 (King World News) – Here is a small portion of a report today from the always brilliant Jesse Colombo:  Early last week, silver broke below the $60 to $70 support zone that had formed over the past seven months, putting the $45 to $55 support zone, established by the highs and lows in October and November 2025, into play.

Since then, silver has held above the $45 to $55 support zone and rebounded modestly. The $60 to $70 zone now stands as key resistance overhead and must be cleared decisively to confirm that the recent weakness is behind us. As with gold, I am watching to see whether Thursday’s jobs report acts as a catalyst for the next move.

KING WORLD NEWS NOTE: Colombo Says Silver Must Decisively Clear The $60–$70 Resistance Zone To Mark Historic Bottom

Gold Miners
Gold miners, as represented by the VanEck Gold Miners ETF (GDX), remain within the $68 to $84 support zone. I would like to see this support hold and for the ETF to push decisively back above it to confirm that the correction in gold mining stocks is over, with gold being a key driver of their performance.

KING WORLD NEWS NOTE: Colombo Notes GDX Must Decisively Break Above 84 To Confirm Gold Miners Have Seen A Historic Bottom

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