Based on yesterday's analysis of the precious metals, I am going to enter a long position in gold today.
Gold's price is dipping well into our target for a bottom, and it is making a new weekly low without silver, which also gives us an intermarket bearish divergence signal.
Silver has not yet touched our target price, but it is very close. Tomorrow and Friday could be a turning point for this market, so we will hold off buying silver today and wait and see if silver pushes lower over the next day or two.