Gold and Silver 4-8-2014

Keep in mind this is a study Blog. Technical indicators look good to the upside. The Gold chart is lagging behind Silver to a degree but the indicators are there. It looks good. Short term prices have reversed to upside with a bit of ladder with higher highs and higher lows. Gold has reached the 50 MA point while Silver has not so it appears Gold will lead and possibly ride an upward 50 MA movement. Silver could follow also attempting to reach the 50 MA on it`s chart at $ 20.50. The 200 MA is around $ 20.80 which is not much higher. I wouldn`t be surprised at all to see both resistance levels give way to higher prices.