50-day moving average proves a bridge to far

Bulls grab encouragement from what looks like a breakout

...same 'ol, same 'ol

resolution beckons...but not just yet.

Gold struggles to get off the mat.

a new downtrend defined...a new challenge for Gold

...but has challenges directly ahead

...a news spike moves Gold to $1917 before retracing

...as the quarter begins

...a bit of upside, before the close of the quarter

...while equities stabilize

as the carnage starts to abate

..Silver down over 8% on the day

...a weak Friday is no place to establish length.

...is it getting ready to make a move?

is it signaling another move higher?

...a last line of defense before we head lower?

..as the metals' sell-off picks up steam, last week's equity recovery is set to be shattered.

...the line defining the move

yesterday's scalp worked well... now we re-assess.

...will the buyers step in?

and fails to clear the downtrend line

... ready to breakdown or take-off?

...with knock on effects in Silver and Gold

...a step back to the big picture.

Textbook Stuff from the Yellow Metal

a look at the retracement numbers

...while Silver keeps charging

as Silver Shoots North

but are we getting ready to test support?

as the market pauses

the shape of the forward curve.

closing in on the $1921 record high.

while Silver takes a breather