Gold and silver had gotten sacked earlier in the week so we took a close look at their respective charts to see whether there were any signs that the weakness might start to snowball. In fact, the most bearish technical evidence we turned up hinted only of short-lived strength in the dollar. Even this had to be qualified, however, since the rally in the dollar was proceeding from an A-B impulse leg with a fatal flaw. Check out this video if you want to see how even minor pieces of technical evidence can give one a confident grasp of the big picture.
