Gold moved to the first of the key Fibonacci retracements based on the entire 2011 – 2015 decline. The implications are very important, but what are they exactly?

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Gold and silver continue to move higher today and gold moved above last Friday’s post-Brexit vote high. Can the precious metals market still double its rally?

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While gold didn’t move above the Brexit-anxiety-caused high, silver soared last week, almost moving to the $20 level and silver’s close on Friday was the highest weekly close of the year. Silver futures moved to about $21 in yesterday’s trading - the rally was extremely sharp. What can we infer from this rally and the level that silver reached?

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Silver continues to move higher, also in today’s pre-market trading. How much change and how much is changing today? How high will silver rally?

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