Silver Soars 17% From Intraday Lows – Biggest Swing On Record; Gold Tops $1210 (+$70 Off Lows)

Silver is up over 17% from its intraday lows today – this is the biggest positive swing since our data began. All the previous major swings have been downshifts, most recently in September 2011 (-22% and -18% over 2 days). Volume is very high also. Gold is back above $1,210,up over $70 from its intraday lows

 

The biggest intraday positive swing on record… ($16.82 is next test for SIlver at 50DMA)

 

And gold and silver are exploding… (gold has broken above its 50DMA at $1205)

 

Silver & Gold are back above pre-OPEC decision leak levels…




via Zero Hedge http://ift.tt/1zIPJIt Tyler Durden

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