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Silver is already nearing its next big challenge of the $40 level. A retest of the old resistance near $37.80-$38 is likely before silver takes out $40, especially as $40 silver is a number Blythe and our bankers cannot fathom.
Gold is trading in free sky territory, with no technical resistance above it. Expect initial capping efforts near $1470-$1475, and round number resistance at $1500. Gold will continue to remain the key however, as the bankers will not be able to hold silver under $40 with gold running up to $1500.