After reaching $1,346 in Asian markets Gold sold off
After reaching a high of $1,346 in Asia, Gold sold off in European and U.S. Markets. Right now, Gold is trading above and below the $1,330 level, testing support. At 11am PST today, Gold is trading at $1,329 per ounce, down $7 per ounce on normal volume.
Silver briefly bought above $17 this morning when Gold rallied but couldn’t hold that level and dropped to $16.58 before finding buyers. At 11am PST today, Silver is trading at $16.64 per ounce, down $0.12 on average volume.