Gold & Silver Shorts Getting Squeezed

Gold & Silver Shorts This Morning

We wrote this morning that Andrew Maguire's old buddies were downing a few brewskies in celebration of this morning's successful NFP raid of gold and silver.  Perhaps they should have stayed at their desks for another hour or two. 
In an amazing display of strength, both gold and silver have performed strong outside reversals, squeezing the shorts, and popping ABOVE the capping zones of $34 and $1700!!
Silver popped nearly $1.50 after the raid, likely taking out stop after stop for the new shorts.



Gold was just as impressive, vaulting $35 to $1715!


Blythe better get her traders back to their desks to ensure a weekly close below $1700 and $34!