Over the last two months, Gold was able to recover a whopping US$240 from its double low in march.
Silver has been acting stronger than gold during the entire correction since last August.
The weekly gold chart shows a clear breakout from the downtrend channel.
The seasonal pattern of the last 5 years points to higher prices over the next 2 months.
I expect this recovery to run towards approx. US$2,000-2,025 before any significant pullback can start. Thoughts on this?