Gold and Silver have been in such steep rallies that they are about to exhaust the supply of ‘D’ targets on their respective daily charts. This means we’ll soon have to use weekly charts to project new targets, and to adjust our calculations so that they reflect the approximation of key highs and lows that occurs over the long term on composite charts. During this session, we tackle the problem with some relatively simple solutions. We also take a close look at the yen’s lesser charts, finding technical evidence to buttress our suspicion that the U.S. dollar is about to go down for the count
