Loading ...Resistance Is Futile
This infamous tagline from the Borg of STNG, describes the current charts of both gold and silver. Over the last two months both metals have built positive bases after their prior corrections from their October highs.
In the last three trading sessions both metals have broken above both their 20 day and 50 day mvg. avgs. There is NO REAL RESISTANCE for either metal between those October highs and Friday’s closing prices.
Today we have seen a sharp back test. There should be more volatile swings this week.
Of course, unless there is some economic, geopolitical and or market related event, the rise up to those highs is unlikely to be a straight line run. The bottom line is, it is up from here, with the usual pullbacks being a buy every dip opportunity. 
While I like your Enthusiasm CM
I see NO breakout in PMs at this time…to the contrary
See Silver Chart above
“In the last three trading sessions both metals have broken above both their 20 day and 50 day mvg. avgs. There is NO REAL RESISTANCE for either metal between those October highs and Friday’s closing prices.” Maybe not a BO from your pattern but as I said they both broke above both of those mvg. avgs last week. After some more volatile moves down and up, they are going to challenge the highs made in October.