Today is interesting. Gold made the new high but bounced off of last year's high which stands at 1307.80 reaching 1306 backing-off to 1290 at the time of this writing. Silver has performed far worse, After begrudgingly making a new high at 1806, it has collapsed falling back below Friday's low of 1761 trading at 1754. A close today in silver below Friday's low of 1761 will warn that we have a temp high in place. We have now generated a Daily Bearish Reversal in silver at 17.09. A daily closing beneath that level will suggest a high is in place for now.
The Euro finally moved higher reaching 11534. The Daily Bullish Reversals start at 11611 and the main number is 11679. Only a daily closing above that this week will spark a rally up to the 11800 zone.
Nothing so far has changed as none of these three markets have exceeded the 2015 high. So watch silver. A closing today below 1761 will warn technically that a pause is not unfolding.