Gold Daily And Silver Weekly Charts – Pullback

I forgot to mention that yesterday was Mozart’s birthday. His 260th I believe. His music is certainly the silver lining in life, some recompense for the ugliness that passes for success with our modern day Trimalchios of finance.

Gold and silver were taking back some of the recent gains as they moved lower. Interestingly enough so was the dollar, moving lower. Is risk back on? Not to judge by the stock market results.

There were the usual piddling to no deliveries at The Bucket Shop, and some silver was pushed around the plate, with gold a snoozer as usual.

I would like to see gold hold its level and move higher from here. But there are a lot of things that I would like that are apparently not meant to be, so let’s see what happens.

GDP number out tomorrow.

Have a pleasant evening.