GLD, daily
SLV, daily
Summary
It was the biggest net daily gain for the precious metals of the year (I believe), but even more significant.. when considering the overnight declines (Gold hit $1141).. this was the biggest 24hr swing in a very considerable time (at least spring 2011, when the bubble burst).
However, even a brief review of the daily cycles will show that the metals have seen some pretty wild moves since early November.
Despite today's powerful gains... I hold to the original broader downside targets.
