Stocks And Precious Metals Charts - Pushing Towards A New High

Stocks closed within 'spitting distance' of a new high today. Let's see if they can make it. And how long it takes to set up and initiate a fourth 'blow-off top'.

Gold and silver were mostly unchanged today along with the Dollar. The metals made it through another Non-Farm Payrolls report reasonably well. I will not be surprised at all to see the gold bulls take a sharp gut check at least once next week.

But gold has been holding with remarkable tenacity to a trend line, on the closes at least.

Have a pleasant weekend.

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