Now what?

Silver and gold have been absolutely rocking.  A near $2 move for silver in less than a week and a close to $50 move for gold in the same time period.

Silver up 2.97% over 24 hours.

Gold up 2% over 24 hours.

So now what?  Well looking at Silver on a weekly chart, the MACD has only just turned up and it's not even overbought.  So right now I'm just holding.  I know, many people are saying to sell right now, and that is apparent on a short term graph, but these things have a mind of its own.  Sure my portfolio is up over 100% just over a month ago with plenty of time to spare, but I'm not taking profits yet when it's evident the money printing by the ECB has just started.  You can see both Silver and Gold have overcome the 200 day resistance.  Maybe it's time for a break?  Or shall we sprint on and leave the non-believers behind?

Silver weekly

Gold weekly

Will gold and silver hit new highs before end of the year?  Gold possibly, but Silver that's hard to guess.

Anyway I sure am thankful for the precious metals being up after being smashed for so long.  But that's how bull markets work, climbing the wall of worry.