Gold Settles Above $1800 and Silver Settles Above $19

Gold on the COMEX continues to run higher touching $1829 before backing off.

Almost a picture perfect breakout of a "cup and handle" formation.

Silver has finally joined the party!

Four months ago silver was trading below $12 per ounce and today closes above $19!

GDX, the miners , opened with a "gap" higher and closed above the upper Bollinger Band.

All looks like systems are a go!

In a perfect world I would like to see a retest of the breakout, but until then let the good times roll!

Peace out and stack out!