The rally has surpassed just one “internal” peak on the daily chart so far, meaning that it is not yet impulsive at that level.  However, because we should set a high bar to tell us if this turn is for real, we’ll use the 77.270 peak recorded in the first week of November (see chart).  A rally that exceeds that number without  pausing for breath would deserve our serious attention, since it would create a bullish leg of weekly-chart degree and — presumably — spell a lengthier stay in purgatory for gold and silver.