Gold and Silver were held in range again, and continue to wind within the symmetrical triangles that are fairly visible on the chart.
Unless there is a major liquidity event, most likely triggered by Europe, the bias seems to the upside.
Eric Sprott warns that there are 'global shocks coming' in this
interview at King World News. I think he is right.
I put a heavy hedge back on what is now a straight up long bullion position,
sans miners.
Have a pleasant weekend. See you Sunday evening.