Precious Metals on the MOVE

Gold broke through the upside of $640 today, and pierced through the 50% Fibonacci retracement resistance level. Every indicator I use is now flashing a resounding BUY signal with Gold. The other precious metal, Silver has been moving just as strong and in fact has been moving almost twice the daily percentage move as Gold. I like both of them here.

I'm also staying with the Market Vectors Gold Miners ETF (Symbol: GDX). This fund should begin to get some traction, especially if the market bottoms and shows some strength to the upside.