A move above $30 per ounce would represent a massive technical breakout. The metal hasn’t been able to climb above $30 since prices broke down in 2013.
Gold fell then bounced back and silver leaped. Silver still needs to take out $24, $25 and once above $26 we will have a confirmed low and will be most likely headed to $30.
One sign of Egypt's economic crisis is popping up in precious metals, where sellers say people are opting for silver jewelry instead of gold for traditional gifts.
