Saw a few folks asking about Gold/Silver, so thought I would post the charts. I had been following SLV more closely as the technical set up was a bit more bullish, but noticed we had some good technical price action on GLD last few days. See charts within:

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GLD - 8h - had been channel trading and was nearing the upper resistance. But last few days had a major gap up and came down during the US session today to back test the channel. If it has upward resumption that would be a good entry point for a swing trade. LT bullish as an inflationary hedge, but now also good technical set up.

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SLV - 12h - traded back above the downward trend line beginning in November, and as long as it stayed above I was leaning bullish. Had a quick shake out below the trend in early December, but when it broke back above I grabbed a few LEAPS. 24 was an important level, and now having some resistance around 25.7. But as shown below, it is now riding an upward trendline, so as long as that holds I would lean bullish.

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