Bottom Line: watch the Dollar Index - a move below the 78.5 level on the Dollar Index would be extremely bullish for gold and silver.

http://www.hardassetsinvestor.com/weekly-commodity-reports/precious-metals-monitor/4165-gold-a-silver-correct-amid-lack-of-bullish-catalysts-but-major-us-dollar-breakdown-could-spur-rally.html