Gold, Silver Pause for Breath

Bullion futures were idling Sunday night, but Friday’s sharp rally should dispel any worries that bulls may already have petered out. December Gold exceeded no fewer than four ‘external’ peaks on the hourly chart, suggesting that any mild weakness over the next day or two should be regarded as a buying opportunity. For a more detailed look, including precise bullish benchmarks for both gold and silver Comex contracts, check out today’s touts and the charts that accompany them.