While Gold and Silver prices showed signs of retreating from their yearly highs over the past weeks, it is clear that both the metals are likely to see another leg to the upside going by the market sentiment and the technical patterns on the charts. Yesterday, Gold posted another 1.0% gains as a high risk off sentiment evolved during the day sending Gold back above the 1220 levels. The multiple reversals just a few points above the $1200 level which hasn’t seen a test in nearly five weeks can be frustrating to most traders. The recent turnaround in the metals could see another move higher, although we expect that ... (full story)