GLD/SLV Update

Both GLD/SLV surged this morning

 In the short term, it looks like a downside intrday correction is building in GLD.

A second chart confirming the short term negative divergence

Even though prices are near all time highs, the new downtrend that emerged is still in a swing classification as down, yellow arrows are considered nose.

 SLV also shows signs of a short term intraday downside correction building.

SLV is still classified as a swing downtrend as well.

The continued developing 3C strength in the $USD may have some influence on both metals shortly.