Gold had a huge day to the upside +$20.35. Not bad but really just kicking around in an ever tightening range.
The silver does not look anywhere near as good as the gold chart, with what appears to be some topping action.
source:yahoo finance
The gold miners ended lower, not unusual given this week's wild ride from near collapse to meteoric rise back from the abyss.
However, the chart is rather ugly. Everything is somewhat in neutral and could go either way.
If we are in a "bull" market than all surprises should be to the upside.
AND NOW FOR THE UGLIEST CHART OF THE WEEK
source: yahoo finance
BROUGHT TO YOU BY THE US DOLLAR
The dollar is giving a huge sell signal the kind that can lead to a "waterfall" lower.
Will this be the reason gold will remain strong?????
We shall see what next week holds.