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Gold rallied last week toward the top of a down-trending channel that has been in force since prices peaked last summer.
A strong push above $1,800 (confirmed by a weekly close) would carry hugely bullish implications for the remainder of the spring. New all-time highs could soon be in sight.
What's bullish for gold is typically super-bullish for silver. Silver bulls are watching for a move above $27.00/oz to establish a breakout above the March high.