Gold, silver and mining stocks declined on Friday for another trading day and silver closed below its 50-day moving average. Is the rally over?

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Yesterday was not the next day during which the precious metals sector moved higher. Silver seems to have paused, but mining stocks declined more visibly. Was the rally just a corrective upswing and is it already over?

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The precious metals sector rallied once again yesterday, but all of its parts are moving close to their respective resistance levels. Is this a temporary rally and is it already over, or will the upswing continue for much longer?

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In the first part of yesterday’s session gold, silver and mining stocks moved lower and just when most traders thought that Monday’s move higher was a one-day event, PMs reversed and ended the session higher once again. Will the rally continue for much longer?

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Silver soared yesterday and while this signal can be viewed as bearish, when it’s accompanied by mining stocks’ underperformance, we didn’t see the latter during yesterday’s session. Instead, miners rallied as well and they did so on strong volume. Is a major rally just around the corner?

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