They’ve been goosing the dollar a little in the overnights so they’re hitting gold for $10 and silver for $.30.
The USD failed to hold its gains yesterday and could easily do that again today. Gold is up 3 days in a row and 5 out of the last 6, the HUI is up 5 days in a row.
They may make us wait until next week to breach $24 silver. That’s the big line in the sand and probably the most important thing for the sector – silver breaking out. Gold wants to go higher, just needs any old excuse.