Social Networks

#Gold is back above $3,900. The next test is $4,150. A softer US #CPI reading could lower Treasury yields and weaken the #dollar, giving gold room to extend its recovery.

The #silver-to-#PPI ratio has returned to former resistance after a long-term breakout. A hold would support the structure, while a break below would weaken it. A rising ratio means silver is gaining value relative to commodity producer prices.

#Silver has pulled back to the $45-$50 area after breaking above a resistance line that spans several decades. If this area holds as support, it may form a bottom in the long term.