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Gold & Silver Soar, Miners Test
Gold’s up, yet miners pause after an initial move up and reverse on an intraday basis. Once again. charts Gold price clearly moved higher today, and while miners and silver moved higher as well, mining stocks failed to move to new highs. It’s all happening while the USD Index is reaching its highest values since mid-August. charts The rally is not yet obvious to most, even though the technical signs are clear. Consequently, my previous comments on the situation remains up-to-date: charts We saw a daily reversal, which happened on big volume, and it all took place at the vertex of the lines creating the ... (full story)