While the key outside markets were bullish for silver Tuesday, the metal could not manage gains, which is a bearish clue.

FORBES: By Jim Wyckoff of Kitco News

The key outside markets were bearish for silver Wednesday as the U.S. dollar index was firmer and crude oil prices were weaker.

FORBES: P.M. Kitco Metals Roundup: Comex Gold Stages Late Rally on Safe-Haven and Technical Buying Interest

Gold had seen some intensified technical selling pressure early this week, but on Tuesday the key outside markets turned bullish for gold and silver (lower U.S. dollar index, firmer crude oil prices), which brought at least a temporary halt to the downside price pressure on the precious metals.

FORBES: P.M. Kitco Metals Roundup: Gold Ends Near Steady; Bullish Outside Markets Limit Selling Pressure