Gold & Silver continue to trade well as they build out their structures after putting in their recent bottoms.  Gold should take out the $4800 level it tagged on Thursday and work it’s way towards resistance at $4950 near the 50 day.  Silver needs to exceed the $75+ area which would set up a move towards it’s 50 day around $83+.                                                                                                                                                                                                                                                                           The direction is higher, but developments in the Middle East and how stocks and other markets react towards them, will allow for sharp pullbacks in the metals along the way.  The key is that those pullbacks will become shallower and less frequent going forward.  The real inflection point will be revealed, when a future stock market downleg, is ignored by the metals and they rip higher simultaneously.  That occurrence, will not be too far off in the future.