Silver just pushed through $31 and gold has moved through $1380. These were resistance areas that defined the last defense of a bearish outcome in the short term. Silver is now near its all-time high and may go past it to the mid $32 range. Gold is considerably weaker and may just get to its former all-time high, or thereabouts.

It’s possible we’ll see a dramatic pullback tomorrow, so this is not yet the final word. But signs are looking good.