Gold Jumps 5.5% as GDX Explodes 14.3% and the Breakout Accelerates ~ Monday Market Moves

📩 Free Newsletter: https://stevebarton.substack.com/ 📈 Technical Analysis for Beginners: https://stevebarton.gumroad.com/l/TechnicalAnalysisforBeginners 🌎 Travel Channel: https://www.youtube.com/@inittowinittravel/featured Recording Date 8-21-2026. The S&P 500 had slipped 1.4%, the dollar had fallen 0.8%, and the US 10-year yield had risen 0.9%, but the real story was happening in commodities. Gold exploded 5.5% and pushed through its 200-day moving average, with my next major resistance zone sitting around $4,775 to $4,800. GDX was even stronger, surging 14.3%, while PHYS gained 5.3%. I'm bullish on the direction, but gold's daily RSI near 74 tells me this is not where I want to chase. Silver gained 6.8%, PSLV climbed 8.4%, and SIL jumped 11.2%. With mining ETFs potentially delivering 50% plus moves from recent entry areas, I think taking 10% to 15% off near major targets can be prudent. I also see improving setups across copper, uranium and energy. COPX gained 10.4% after breaking its triangle, while uranium rose 2.2% to roughly $89.40 per pound and longer term contracts were around $95.50. SRUUF held about 81.7 million pounds off the market and remained near a 10% discount, while URNM climbed 6.7%. WTI oil bounced 5.2%, Brent gained 5.4%, and XLE rose 2.3%. Natural gas improved 1.8%, with roughly $2.90 becoming an important breakout level. I'm also watching platinum after its 7.9% rally, palladium after a 1.9% gain, nickel up 1.5%, and PICK for exposure to companies including Rio Tinto, Freeport and Glencore. My broader thesis remains that AI data centers and global electrification could add substantial demand for uranium, copper, oil, natural gas and coal.   Key Insights in this episode ✅ Gold surged 5.5% and could test the major $4,775 to $4,800 resistance zone. ✅ GDX jumped 14.3% while SIL gained 11.2%, creating potential trim opportunities after major miner rallies. ✅ Silver gained 6.8% but faces significant resistance around the $71 to $72 area. ✅ Uranium reached about $89.40 with Steve expecting improving seasonality and stronger upside potential. ✅ COPX rallied 10.4% as copper miners broke out, while copper itself needs to clear the $6.87 high. ✅ Energy demand from AI and electrification strengthens the long-term case for uranium, copper, oil, gas and coal.   Affiliates /Tools for Success that I Love and find Helpful: Technical Analysis Series  Battle Bank  Rule Symposium 2026 Rule Classroom (Free)  Rule Classroom Plus (2 Free Months)  TradingView (Free) Lobo's Weekly Recap (Free) Uranium Insider Newsletter   Chapters 0:00 Market Outlook S&P 500 Dollar and Rates 3:38 Gold Breakout and Gold Miners 9:53 Silver PSLV and Silver Miners 13:16 Copper and Copper Miners 15:33 Uranium SRUUF and URNM 19:29 Oil Brent XLE and Energy Demand 23:21 Natural Gas Breakout Setup 25:56 Coal Markets and Coal ETF 27:18 Platinum and Palladium Setups 29:34 Nickel Breakout Watch 29:59 PICK Metals and Miners ETF 30:43 Closing Market Thoughts   DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero. WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links. #InItToWinIt #SteveBarton #MondayMarketMoves #Gold #GoldStocks #Silver #SilverStocks #Uranium #UraniumStocks #Copper #CopperStocks #Oil #NaturalGas #Commodities #GDX #URNM #COPX #PreciousMetals #TechnicalAnalysis #StockMarket