Everything I have been looking at says this is still looking to be bullish, but that we’re at the line in the sand, and looking at the last glimmer of hope. Even my timing program says this is that place where a reversal to the upside is more likely to commence… well, here it is: Sunday evening after 9:30 pm EST and the metals are having a decent outing overseas as I type. Gold is up more than $5, and silver by $.11, which is 2/3rds of 1%. This could easily translate into rally come Monday morning… watch for it!
The metals pushed even higher overnight. Gold is up $8.30 and silver by .79%. It’s 6:40 am EST Monday morning. The miners should have a good day today!