While Gold and silver seem to gain some footing after about 10 days of corrective action, looking at their respective volatility (GVZ and VXSLV), it seems that both metals need to consolidate before resuming their inexorable ascend. Ideally, you want to see GVZ at 21/20 and VXSLV at 30 or lower. They closed yday at 24.03 and 38.24 respectively