Beer Goggles Made Out of Gold and Silver

Ugly day, indeed, for the precious metals miners. We know that they are extremely volatile to trade, and today has may traders looking to go short and call a top. However, looking at the weekly charts of the junior gold and silver miners, we can pretty clearly see that we have some ways to go before the recent weekly breakouts could even become close to be considered negated. Earlier today, I reduced my exposure to the metals for the sake of locking in gains and discipline. However, I am reluctant to call a top or go short for anything more than a quick scalp at this point.

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