Gold Daily and Silver Weekly Charts - Big Relief Rally, But No Breakout Yet

Today was what we call a 'technical trade.' The insiders saw an opportunity to make some quick cash by running the market up.

There was no real news underlying the rally, just greed meets opportunity in a light volume market.

As I cautioned yesterday, it is sometimes perilous to short a dull market.

Oracle warned after the bell.

Europe remains a significant risk. The US economy is