$Gold and $Silver. The next few days are going to be critical. Either gold and silver break above their highs from February, or we are headed down hard.
This week, every day that it doesn't happen makes it less likely. Sideways movement is just going to make the technicals look overbought and weakening.
My opinion is that we are headed down. Just looking at the moves in 2017 versus 2016, you can see major differences. I'm not seeing those explosive upside swings I saw in 2016. Since 2017 started, whenever gold and silver trended up, it was slow and gradual. When a downtrend formed, it was fast and violent. Just look at the candle sticks on the charts.
