Silver’s rally yesterday looked impressive at first glance, but it’s hard not to notice its failure to surpass the key external peak at 33.120 recorded on November 22. Gold looks capable of dragging Silver higher, though, and that is what I expect. However, the latter would need to hit 34.010 today to refresh the bullish energy of the hourly chart. That’s a single tick above the external peak I’ve highlighted (see inset).
