Our opinion of the gold technicals has not changed in a very long time. An enormous base, that can support a very big move to the upside, is being formed. The technicals in silver are very intriguing. This resistance level thwarted upward silver price movements 4 times in the previous weeks. Now, we have eased through this resistance and a bullish baton has been handed to the longs.
Silver has no gaps to come back to fill either.
This may seem trivial, but it is a big, big positive. Leaves room for a true breakaway gap some day. The price of silver is going uptown. Fundamentals - Thursday and Friday could be quite turbulent. The Clinton impeachment vote in the House of Representatives in the US and the lower house debate in the Swiss Parliament about Swiss gold sale proposals.