King World News - "When asked about the action in gold and silver, Turk stated, “Gold and silver often have a slow period beginning at Christmas and extending through the New Year Holiday. The tight trading range and low volumes in both gold and silver make it appear that maybe the quiet holiday period has already started. Nevertheless, it’s important to note that both gold and silver are holding well above their September lows.
"It is also important to note that gold and silver have had an upward bias this past few weeks. So the bottom line is we are very, very close to an upside breakout in both precious metals. Gold needs to clear $1,750, while silver needs to get above $33.25 or thereabouts."