RE: Technically
I would say the market is very much undecided about direction. Just look at this TSX gold/silver sentiment chart
https://www.goldminerpulse.com/charts.php
My reading is that the market is very much undecided about future direction. Given the Central Bank printing races, I would expect to see a positive sentiment but not so just yet. Perhaps if the FOMC hadn't of taken a wizz on Thursday we might have seen a break out last week. But it didn't. So another week of indecision, maybe.