It’s Sunday evening. Gold and silver are up some more overseas. We must keep a close eye on what is going on here, because after Wednesday’s pop, a true rally just might ensue.
We’re looking for a confirmation, follow-through rally in the 4 to 7 business day window. Thursday was day 1. Friday was day 2. If there’s nothing by the end of day 10… I wouldn’t trust last Wednesday’s lovely lift-off to have been truly legitimate.
Monday would be day 3, and we’ll look in again in the morning.