This day has been brutal. If it could go wrong, it did. I'm exhausted but you need a new thread so here it is.
In summary, the metals had a great day. Gold rolled all the way up to 1515 before being savagely attacked and driven back to 1485 (a higher low, once again). It settled this afternoon at 1495, however, so it looks good for next week. Silver got to 36.50 overnight last night and then got kicked all the way back to 33.90 (a higher low) before rebounding. This, too, looks good.
Next week will likely be one of upward consolidation. The risk:reward profile is rapidly shifting in our favor. There will likely be another attempt at a takedown sometime next week but the higher lows on gold and the strength in silver between 33 and 34 is eventually going to bring buyers back into these markets. Of that, you can be certain.
That's it for tonight. It's been a long day and I think I'll go knock back some fine chianti to take the edge off. I promise you a comprehensive week in review/preview tomorrow. The Wicked Witch has a few things to say, too, but she may not have time to make an appearance. I'll let you know. Turd out.