Gold, silver and mining stocks didn’t move above their previous highs in intra-day terms, but they all moved higher in terms of daily closing prices. What can we infer from these moves?

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Gold soared on Friday only to slide once again before the session was over and we can say the same about mining stocks, which formed a bearish shooting star candlestick (a sign of reversal). Is gold going to soar based on its recent breakout or is it going to reverse and slide?

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Gold broke below the previous 2016 high in today’s pre-market trading and silver also moved higher – will this uptrend continue for much longer?

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Gold silver and miners moved higher once again, but the volume that accompanied these moves was relatively low. This is generally a bearish sign, but still, gold doesn’t want to break much lower and each attempt is invalidated. What’s the likely outcome of the current situation?

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