Gold and silver backed off almost perfectly from the overhead resistance on the charts.
The cause for this seemed to be ‘technical’ and was tied to a bounce in the dollar, which also seemed as much technical as anything else.
The equity markets were quiet, and tended to drift higher after the morning lows. Again, largely a technical type of trade.
Does anyone doubt that the markets are ‘ …read more
Source of this post from Alexis Bush Blog http://silverandgoldcoinblog.com/2017/01/18/gold-silver-stocks-and-economics-stock-option-expiry-on-friday/