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Both Gold and Silver Continue to Exhibit Positive Technical Set-Ups


In overnight trading, Spot Gold climbed above its Jan high of $1219.95, and appears poised to follow through to the upside towards a challenge of much stiffer multi- month resistance in the vicinity of $1250.00.

Let's notice on the lower chart, that Spot Silver has taken out both its Sept-Feb resistance line ($17.18) and the Jan high ($17.35), breaking out of a 2-1/2 month, base-like pattern that projects upside potential into the $18.75 - $19.00 (next) target zone.

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