The Yellen Fed Decides to Unshackle The Financial Markets Ahead of the Election. Risk On Rules! Gold and Silver Claw Their Way Higher Amid a Weaker Dollar Environment
Gold and Silver both are pushing up against important resistance zones, at $1350 and at $20.00, which, if hurdled and sustained, should trigger upside continuation and acceleration towards a test of their respective July highs.
From a larger perspective, a sustained climb above $1350 and $20.00 also will indicate that the precious metals have entered a new upleg after spending three months in a high-level, bullish-digestion pattern.