June gold futures were last up $15.10 at $1,839.10 and July Comex silver was last up $0.326 at $27.37 an ounce.
economic data point of the day saw the retail sales report for April come in at unchanged, compared to forecasts for a rise of 0.8%, and compares with the mammoth gain of 9.8% in the March report.
The equities bulls are still on the ropes following this week’s selling pressure that negated near-term price uptrends on the daily bar charts for the U.S.
Technically, June gold futures bulls have the overall near-term technical advantage amid a six-week-old price uptrend in place on the daily bar chart.
The silver bulls have the overall near-term technical advantage amid a six-week-old price uptrend in place on the daily bar chart.