Precious metals ended a quiet week with quite a reversal. Gold surged above
its 200-day moving average for the first time since November, only to lose
the gains and then close below the 200-day moving average. Silver was already
trading above its 200-day moving average before it moved higher but it then
reversed strongly and even below its 200-day moving average. The miners, which
have been much weaker than the metals were mostly unchanged but after opening
higher. Today's bearish re
