BOTH GOLD AND SILVER ARE BACK ON A POSITIVE TRACK
GOLD
I like what I’m seeing this morning during Asian, Middle Eastern, and European trading, with Gold trading between $2,893 and $2,919 per ounce. It's good that Gold is consolidating recent gains and building a firm base above $2,900 with excellent trading volume, especially in the face of today's stronger U.S. Dollar.
At 11am PT today, Gold is trading at $2,883 per ounce, down $24 from Friday.
SILVER
Silver tested its $32 resistance level this morning when Gold was trading under $2,900. Silver reached a low this morning of $32.06 before finding bargain buyers and quickly rallied $0.50 per ounce.
At 11am PT today, Silver is down $0.40 per ounce from Friday at $32.00.





