Gold Shares - Big Technical Juncture

A quick update on the mining shares - The strong performance on Wednesday has set them up for a real shot at beginning a trending move to the upside. They are right at the top of the range that has been containing them for a while now. Just like Silver was knocking on the door of the $20.50 level prior to its nice move above $22, the shares are at a technical juncture. If the bulls can hold firm tomorrow (Thursday) they have a real chance at flushing a fair number of short sellers out of this sector.