A 2 minute of yesterdays action indicating the low at just after2 pm and then it began to grind higher at a continuing slope until it exploded higher at 2am forcing shorts to cover.
The signs were there. Silver had already broken out.
A daily below showing the breakout and slicing through resistance at $1830.925
There is minor resistance/support at $1840.57 with target at $1852.15 of a smaller range but the number we are looking for is $1869.81
Now this is what you call a short covering rally as they get heavily burned with the GDX jumping 7%
Broader markets continue to take it on the chin as reality see's the light of day.
A decent day awaits.
